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EURJPY Shows Positive Momentum: Forecast for October 15, 2024

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

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?

In the complex world of forex trading, various strategies allow traders to manage risk and maximize potential returns. One such strategy is the put...

Why is the Swiss Franc Falling?

The Swiss franc (CHF) has long been regarded as one of the world’s safest currencies, often serving as a refuge for investors during periods...

EUR/JPY Movement Stalls Amid Sideways Trading – Forecast for Today – October 11, 2024

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...

What Is a Reasonable Spread in Forex?

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 to Avoid Spreads in Forex?

Forex trading, also known as foreign exchange trading, involves the buying and selling of currency pairs in a global marketplace. While the potential for...

EUR/JPY Forecast Update – October 10, 2024

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...

EURNZD Price Forecast Update – October 10, 2024

The EURNZD pair has recently touched the 1.8078 level, repeatedly testing a significant resistance level on the chart, before quickly retreating to 1.7960. The ongoing...

EUR/USD Price Forecast Update – October 10, 2024

The EUR/USD pair has successfully broken the $1.0940 level, closing the last four-hour candlestick below this mark. This development reinforces the expectation of a...

What Currency Should I Trade During the Tokyo Session?

The Tokyo session is one of the most crucial trading sessions in the Forex market, known for its unique characteristics and trading opportunities. Traders...

What Correlates with GBP/JPY?

The GBP/JPY currency pair, representing the British pound against the Japanese yen, is one of the most actively traded pairs in the foreign exchange...

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