Tag: currency
EURUSD Price Forecast Update – September 13, 2024
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The EURUSD currency pair has continued its upward movement, now approaching the 1.1100 level. A breach of this level could pave the way for...
CADJPY Faces Strong Support: Forecast for September 13, 2024
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On September 12, 2024, the CADJPY currency pair encountered robust support at the 61.8% Fibonacci retracement level, stabilizing at 103.50. This level has proven...
What Is the Main Currency of the World?
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In the complex world of global finance, currencies serve as the backbone of trade, investments, and economic activities. Among the multitude of currencies circulating...
GBPJPY Hits Target: Forecast for September 12, 2024
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The GBPJPY currency pair has recently completed its downward move by reaching the target of 183.70. This level has acted as a barrier against...
EURJPY Holds Above Support: Forecast for September 12, 2024
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The EURJPY currency pair recently approached its additional negative target at 155.10 but has since responded positively, driven by a bullish correction as indicated...
NZDCAD Expected to Decline: Forecast for September 12, 2024
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The NZDCAD currency pair has recently experienced a series of corrective bearish movements. The price encountered resistance at the 38.2% Fibonacci retracement level, located...
GBP/JPY Continues to Decline: Forecast for September 11, 2024
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The GBP/JPY currency pair has sustained a downward trajectory, extending its losses and surpassing the initial target of 185.10. This trend indicates the potential...
EUR/JPY Experiences Significant Decline: Forecast for September 11, 2024
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The EUR/JPY currency pair has experienced notable losses, driven by a bearish shift in major indicators. The pair broke below the key support level...
Which Country Has the Lowest Value of Money?
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In the realm of international finance, currency value plays a crucial role in shaping economic stability, trade relationships, and investor confidence. The value of...
Which Country’s Money Is Most Valuable in the World?
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The value of a country's currency is a critical indicator of its economic strength and stability. It reflects not only the country's purchasing power...
EUR/CHF Faces Support at 0.9330: Forecast for September 10, 2024
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The EUR/CHF currency pair has struggled to continue its downward movement, encountering significant support at the 0.9330 level. This support has created a solid...
What is the Lowest Lot Size in Forex?
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In the world of foreign exchange (forex) trading, understanding the concept of lot sizes is essential for anyone looking to enter the market. A...