Tag: currency
EURJPY Begins with Bullish Gap – Forecast for July 1, 2024
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EURJPY Price Analysis The EURJPY pair has successfully maintained levels above 171.60 recently, affirming its adherence to the previously suggested bullish bias. This morning, it...
GBPCAD Hits Target – Forecast for July 1, 2024
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GBPCAD Price Analysis The GBPCAD price has recently experienced several bearish waves, successfully achieving the correctional target at 1.7270, which now serves as a strong...
How Can a Beginner Invest in Bitcoin?
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Bitcoin, the first and most widely recognized cryptocurrency, has revolutionized the world of finance since its inception in 2009 by an anonymous entity known...
What Moves the Price of Gold?
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Gold has been a symbol of wealth and value for centuries, serving as a form of currency, a standard for monetary systems, and a...
Top 10 Lowest Currency in the World: Things You Need To Know
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Currency value is a critical indicator of a country's economic health and stability. Low currency values often reflect underlying economic challenges, including inflation, political...
What is the major benefit of bitcoin?
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In the rapidly evolving landscape of digital currencies, Bitcoin stands out as a pioneering force that has reshaped how we perceive and utilize money....
What is the Effect of Spread in Forex?
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The forex (foreign exchange) market is the largest and most liquid financial market in the world, with daily trading volumes exceeding $6 trillion. One...
USDCAD Price Breaches the Resistance – Forecast for June 27, 2024
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USDCAD Price Analysis Expected Scenario The USDCAD price showed clear positive movement yesterday, breaching the $1.3690 resistance level and settling above it. This move halts the...
CHFJPY Settles Below the Support – Forecast for June 27, 2024
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CHFJPY Price Analysis Expected Scenario The CHFJPY price encountered a strong barrier at 179.25, preventing a continuation of the bullish momentum and prompting the formation of...
Which Money Is the Highest Value in the World?
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Currency value is a crucial factor in the global economy, impacting trade, investment, and everyday transactions. The value of a currency can influence economic...
What Spread is Best for Forex?
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In the world of forex trading, understanding spreads is essential for evaluating trading costs and optimizing profitability. The spread refers to the difference between...
What is Raw Spread in FX?
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Understanding raw spread in the context of foreign exchange (FX) trading is essential for traders seeking transparency, competitive pricing, and efficient execution. Raw spreads...