Tag: EUR
Will CHF Weaken in 2024?
Jennifer -
As we approach 2024, currency markets are abuzz with speculation regarding the future movements of various currencies, including the Swiss Franc (CHF). Known for...
EURUSD Price Forecast Update – October 18, 2024
Jennifer -
The EURUSD pair is currently exhibiting a bullish bias, influenced by positive stochastic indicators. However, as long as the price remains below the $1.0880...
EUR/USD Price Forecast Update – October 17, 2024
Jennifer -
The EUR/USD pair is gradually declining from the $1.0880 level, reinforcing expectations of a continued bearish trend throughout the day. The path appears clear...
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...
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...
Why is the Swiss Franc Falling?
Jennifer -
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
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...
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 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...
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...