Tag: currency
GBP/JPY Tests Support Level – Forecast for Today – October 11, 2024
Jennifer -
The GBP/JPY currency pair is currently experiencing mixed trading, with today's expected range set between 193.00 and 195.00. The pair is testing the support...
EUR/JPY Movement Stalls Amid Sideways Trading – Forecast for Today – October 11, 2024
Jennifer -
The EUR/JPY currency pair has shown little movement since yesterday's trading session, remaining in a sideways range between the support level at 161.60 and...
GBP/CHF Settles Above Support Level – Forecast for Today – October 11, 2024
Jennifer -
The GBP/CHF currency pair has recorded several positive closes above the 1.1150 level, indicating a continuation of the bullish channel’s support. This stability suggests...
Taiwan Stocks Close Lower; Taiwan Weighted Index Unchanged
Jennifer -
TAIPEI, Oct 11 — Taiwan stocks ended lower on Friday, with the Taiwan Weighted Index remaining unchanged at 0.00%. At the close, the Taiwan Weighted...
What Is a Reasonable Spread in Forex?
Jennifer -
Understanding spreads is crucial for any forex trader. The spread, defined as the difference between the bid price (the price at which you can...
How Do You Win Forex Consistently?
Jennifer -
Foreign exchange (Forex or FX) trading offers immense opportunities for profit, but it also comes with significant risks. Many traders enter the market with...
How to Avoid Spreads in Forex?
Jennifer -
Forex trading, also known as foreign exchange trading, involves the buying and selling of currency pairs in a global marketplace. While the potential for...
What Will Silver Be Worth in 5 Years?
Jennifer -
Silver, often regarded as a precious metal and a safe-haven asset, has been a cornerstone of investment portfolios for centuries. Its value is influenced...
Can I Sell My Silver for Spot Price?
Jennifer -
Silver has been a valuable asset for centuries, serving not only as a form of currency but also as an investment and a hedge...
EUR/JPY Forecast Update – October 10, 2024
Jennifer -
The EUR/JPY currency pair has gained positive momentum, with the stochastic indicator remaining stable in overbought territory. The pair has rallied above the 55-period...
Tokyo Stocks Open Higher on Wall Street Gains and Weak Yen
Jennifer -
Tokyo's stock market opened positively on Thursday, buoyed by an overnight rally on Wall Street and the yen's depreciation against the U.S. dollar, which...
What Are the Disadvantages of Blockchain?
Jennifer -
Blockchain technology has been lauded for its potential to revolutionize industries by providing decentralized, transparent, and secure solutions. However, alongside its advantages, it also...