Tag: currency
What Does Size Mean in Forex?
Jennifer -
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
Jennifer -
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?
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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?
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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...