Tag: currency
CAD/JPY Price Forecast Update – October 16, 2024
Jennifer -
The CAD/JPY currency pair is currently under negative pressure, influenced by the resistance level at 109.75 and persistent negative momentum from major indicators. Recently,...
EUR/USD Price Forecast Update – October 16, 2024
Jennifer -
The EUR/USD currency pair is currently attempting to break the $1.0880 level, reinforcing expectations for the continuation of the prevailing bearish trend throughout the...
GBP/USD Forecast Update – October 16, 2024
Jennifer -
The GBP/USD currency pair is currently experiencing significant downward pressure, successfully reaching our initial target of $1.3000. The price is now attempting to break...
What Stablecoin Is Pegged to the Swiss Franc?
Jennifer -
Stablecoins have emerged as a significant category of cryptocurrency, designed to maintain price stability by pegging their value to traditional fiat currencies or commodities....
What Affects CHF Currency?
Jennifer -
The Swiss Franc (CHF) is one of the most stable and sought-after currencies in the world. It serves not only as the official currency...
What is the CHF Backed By?
Jennifer -
The Swiss Franc (CHF) is often regarded as one of the most stable and secure currencies in the world. Its reputation is not only...
GBPJPY Struggles to Confirm Breakout: Forecast for October 15, 2024
Jennifer -
The GBPJPY currency pair concluded yesterday’s trading below the 195.60 resistance level, resulting in new sideways fluctuations as it approaches the support line of...
EURJPY Shows Positive Momentum: Forecast for October 15, 2024
Jennifer -
The EURJPY currency pair is demonstrating signs of positivity, maintaining stability in recent sideways trading around the 163.00 level. The consistent support above the...
EURNZD Remains Bearish: Forecast for October 15, 2024
Jennifer -
The EURNZD currency pair continues to exhibit a bearish trend, consistently closing below the 1.8100 resistance level. The 1.7985 level has emerged as an...
What is a Put Debit Spread in Forex?
Jennifer -
In the complex world of forex trading, various strategies allow traders to manage risk and maximize potential returns. One such strategy is the put...
How Much Is 0.01 Lot in XAUUSD?
Jennifer -
In the world of forex trading, understanding lot sizes and their implications on your trading strategy is crucial for effective risk management and capital...
How to Buy Gold Close to Spot Price?
Jennifer -
Investing in gold has long been a strategy for wealth preservation and hedging against inflation. However, many investors are often frustrated by the premiums...