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EURUSD Price Forecast Update – September 19, 2024

The EURUSD price is showing strong positive momentum, having surpassed the $1.1100 level. This movement supports the expectation of advancing towards our target of...

EUR/JPY Maintains Negative Outlook – Forecast for September 18, 2024

The EUR/JPY currency pair has exhibited mixed trading recently, but its inability to gain momentum while remaining below the 158.00 barrier suggests a continuation...

How Many Lots Is 1000 in Forex?

When trading in the forex market, one of the first things new traders must learn is how to size their trades appropriately. The concept...

What is the Most Effective Currency?

The concept of an "effective currency" encompasses a wide range of factors, including economic stability, global influence, liquidity, and utility in international trade. Currencies...

What is the Size of the Forex Market?

The foreign exchange (forex) market is the largest and most liquid financial market in the world, offering a platform for the exchange of currencies....

What Does Size Mean in Forex?

In the world of forex trading, the term “size” plays a critical role in determining the scale of a trader's position and how it...

What is a 0.10 Lot Size in Forex?

When trading in the foreign exchange (forex) market, one of the most important concepts that every trader needs to understand is the "lot size."...

EURUSD Price Forecast Update – September 13, 2024

The EURUSD currency pair has continued its upward movement, now approaching the 1.1100 level. A breach of this level could pave the way for...

What Is the Main Currency of the World?

In the complex world of global finance, currencies serve as the backbone of trade, investments, and economic activities. Among the multitude of currencies circulating...

EURJPY Holds Above Support: Forecast for September 12, 2024

The EURJPY currency pair recently approached its additional negative target at 155.10 but has since responded positively, driven by a bullish correction as indicated...

EUR/JPY Experiences Significant Decline: Forecast for September 11, 2024

The EUR/JPY currency pair has experienced notable losses, driven by a bearish shift in major indicators. The pair broke below the key support level...

Which Country Has the Lowest Value of Money?

In the realm of international finance, currency value plays a crucial role in shaping economic stability, trade relationships, and investor confidence. The value of...

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