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What Causes High Spread in Forex?

In the world of forex trading, the spread is a crucial concept that every trader must understand. The spread refers to the difference between...

EURUSD Price Forecast Update: September 20, 2024

The EURUSD pair is exhibiting new positive trades, indicating the need for momentum to sustain its upward trajectory. Our initial target is set at...

How Do You Avoid High Spread in Forex?

In the dynamic world of foreign exchange (Forex) trading, the spread—the difference between the bid and ask price—plays a crucial role in determining the...

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...

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