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What Does Size Mean in Forex?

In the world of forex trading, the term “size” plays a critical role in determining the scale of a trader's position and how it...

Stocks Surge and Gold Hits Record Highs Amid Expectations of Steeper Fed Rate Cuts

New York, Sept 14 — U.S. stocks rallied and gold prices soared to new record highs on Friday, fueled by heightened speculation that the...

What is a 0.10 Lot Size in Forex?

When trading in the foreign exchange (forex) market, one of the most important concepts that every trader needs to understand is the "lot size."...

GBP/USD Forecast Update – September 13, 2024

The GBP/USD currency pair recently tested a crucial support level at $1.3124, maintaining stability above it. This price action supports a bullish trend for...

EURUSD Price Forecast Update – September 13, 2024

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

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?

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

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

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

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

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

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...

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