Tag: currency
GBP/JPY Resumes Upward Momentum, Eyeing Key Resistance Levels: Forecast for December 10, 2024
Jennifer -
The GBP/JPY currency pair has continued its bullish correction, supported by the 38.2% Fibonacci retracement level at 190.70. This support, along with positive momentum...
EUR/JPY Breaks Resistance, Signals Bullish Trend: Forecast for December 10, 2024
Jennifer -
The EUR/JPY currency pair has resumed an upward trajectory, breaking through the resistance level at 159.05. This move has propelled the pair toward 160.00,...
EUR/CHF Remains in Bearish Territory: Forecast for December 10, 2024
Jennifer -
The EUR/CHF currency pair continues to exhibit bearish momentum, maintaining its position below the main downward channel's resistance level of 0.9305. This trend suggests...
Ethereum Price Forecast Update: Bullish Outlook Continues
Jennifer -
Ethereum (ETHUSD) is showing positive momentum, with the cryptocurrency making a strong push towards breaking the $3,900 barrier. This movement supports the continuation of...
GBPJPY Takes a Breather – Forecast Update for 4th December 2024
Jennifer -
The GBPJPY currency pair recently reached the 188.10 level, nearing the previously anticipated negative target, before beginning a correctional bullish rally. The pair has...
Ethereum Price Forecast Update – 4th December 2024
Jennifer -
Ethereum (ETH/USD) continues its upward momentum, surpassing the $3,700 mark and approaching the first key target at $3,740. The cryptocurrency is benefiting from strong...
EURCHF Price Set to Remain Bearish Below Resistance – Forecast for December 2, 2024
Jennifer -
The EURCHF currency pair continues to consolidate below the resistance level of 0.9338, maintaining its bearish trend. The price is currently fluctuating around the...
What is the Ideal Spread in Forex?
Jennifer -
In the world of forex trading, one of the key factors that traders must consider when entering the market is the spread. The spread...
What is a Lot Size in Forex?
Jennifer -
Lot size in forex trading refers to the amount of currency being traded in a transaction. Understanding lot size is crucial for traders as...
What is the Main Use of Bitcoin?
Jennifer -
Bitcoin, the world's first decentralized cryptocurrency, has evolved significantly since its creation in 2008 by the pseudonymous figure, Satoshi Nakamoto. While initially met with...
CHFJPY Faces Key Support Level Amidst Bullish Outlook – Market Forecast for November 28, 2024
Jennifer -
The CHFJPY currency pair has recently touched the 38.2% Fibonacci retracement level at 170.90, a crucial support point that could act as a solid...
How Do I Earn Bitcoin?
Jennifer -
Bitcoin has become one of the most talked-about financial innovations of the past decade. Its decentralized nature, limited supply, and potential for high returns...