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What Is the Ask Price in Forex?

The foreign exchange market, commonly known as Forex or FX, is the largest and most liquid financial market in the world. Trillions of dollars...

EUR/JPY Begins Downward Trend – Forecast for August 28, 2024

The EUR/JPY currency pair ended yesterday with a close below the key level of 161.60, reinforcing the previously anticipated bearish trend. The pair is...

EUR/CHF Continues Downward Trend – Forecast for August 28, 2024

The EUR/CHF currency pair has confirmed its adherence to the bearish trend, moving within a defined bearish channel. The price, currently approaching the 0.9495...

What is the Best Way to Start Forex?

Foreign exchange (forex) trading presents an exciting opportunity for individuals looking to participate in global financial markets. However, it is also a complex and...

EURJPY Tests Key Barrier: Forecast for August 27, 2024

The EURJPY currency pair triggered a bearish signal yesterday, initially reaching the 160.50 level before rebounding to 161.60, where it is currently testing the...

EUR/JPY Breaks Support: Today’s Forecast – August 26, 2024

The EUR/JPY currency pair ended last week by breaching the 161.60 support level, driven by sustained negative momentum from key indicators. The pair is...

What Currency is Best to Pay?

In the modern global economy, the choice of currency for payments plays a significant role in personal finances, international trade, and business transactions. With...

Which Currency Makes the Most Money?

In the world of finance, the concept of which currency "makes the most money" is multifaceted. It depends on various factors, including exchange rates,...

What Is a Tight Spread in Forex?

In the forex market, understanding various trading terms and concepts is essential for making informed decisions. One such term that traders frequently encounter is...

What Does a 0.3 Spread Mean in Forex?

In the world of forex trading, understanding the concept of spreads is crucial for effective trading strategies and managing trading costs. A spread is...

What Is the Normal Spread in Forex?

The spread is a fundamental concept in the forex market, representing the difference between the bid and ask prices of a currency pair. Understanding...

EUR/CHF Aims for Further Decline: Forecast for August 22, 2024

The EUR/CHF pair concluded its bullish correction after testing the 50% Fibonacci retracement level at 0.9570, leading to renewed negative pressure on the support...

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