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EUR/JPY Approaches Target – Forecast for June 25, 2024

EUR/JPY Price Analysis Expected Scenario The EUR/JPY pair has continued its bullish movement after surpassing the 170.90 barrier, approaching the first additional target of 171.60 yesterday....

EUR/GBP Repeats Negative Closings – Forecast for June 25, 2024

EUR/GBP Price Analysis Expected Scenario The EUR/GBP pair remains consolidated within a minor bearish channel, currently influenced by the strong resistance at the 0.8485 level. This...

What Lot Size Should I Use in Forex Trading?

Forex trading, the practice of trading currencies, is one of the largest and most liquid financial markets in the world. One of the key...

What is the easiest forex pair to trade?

Navigating the foreign exchange (forex) market can be daunting, especially for beginners. With numerous currency pairs available for trading, identifying the easiest one to...

Global Shares Rise as Europe Stabilizes; U.S. Fed Remarks Anticipated

Global shares edged higher on Tuesday as markets in Europe stabilized and traders awaited remarks from several U.S. Federal Reserve officials. Meanwhile, the Australian...

US sanctions on Chinese company Wuhan Tianyu may affect the company’s foreign exchange settlement

China Wuhan Tianyu Information Industry Co., Ltd. said that the United States' inclusion of it in the sanctions list was a "unilateral" act, which...

Fed’s Kashkari predicts: One rate cut this year is reasonable, but it will have to wait until December

Minneapolis Fed President Kashkari said on Sunday that it is a "reasonable forecast" that the Federal Reserve will cut interest rates once this year,...

What is Meant by Spread in Forex Trading?

Forex trading, or foreign exchange trading, involves the buying and selling of currencies on a global market. One of the key concepts that traders...

What is the Safest Leverage in Forex Trading?

Leverage is a fundamental concept in forex trading that allows traders to control large positions with a relatively small amount of capital. While leverage...

What is low leverage in forex trading?

Forex trading, also known as foreign exchange trading, is a dynamic and fast-paced market where currencies are bought and sold against each other. One...

Why does spread increase at night?

Forex trading operates around the clock, with markets open 24 hours a day, five days a week. However, traders often notice an increase in...

Dollar Holds Steady Ahead of US Jobs Report; Euro Steadies Post-ECB Cut

On Thursday, the dollar maintained a sideways trajectory in anticipation of Friday's release of U.S. employment data, crucial for the Federal Reserve in determining...

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