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GBPJPY Exploits Support Line Stability, Maintaining Bullish Momentum – Analysis for 26-2-2024

The GBPJPY pair continues its bullish trajectory, consistently holding above the supplementary support level at 189.90. Recent market activity saw the pair achieving a...

What is a mini lot in forex?

In the vast world of forex trading, understanding the terminology and concepts is crucial for success. One such term that frequently arises in forex...

Dollar Retreats Ahead of PMI Data; Euro, Sterling Gain

In early European trade, the U.S. dollar retreated as risk sentiment improved following Nvidia's stellar earnings, while traders awaited the release of crucial business...

Which forex pair is most profitable?

In the vast and dynamic world of currency trading, commonly known as forex, investors seek the most profitable opportunities to maximize returns. The choice...

U.S. Dollar Drifts Lower as Traders Await Fed Minutes

The U.S. dollar edged lower in early European trade, retracing some of its recent gains amid thin trading volumes due to the Presidents' Day...

GBP/JPY Experiences Slow Movement

The GBP/JPY pair saw sluggish sideways movement, influenced by conflicting stochastic signals despite remaining relatively stable above the additional support level at 188.65. The...

Which currency is stronger than USD?

The strength of a currency is a pivotal factor in the world of international finance, influencing trade, investments, and economic dynamics. While the U.S....

What is the safest currency?

In the intricate world of global finance, investors and individuals often seek refuge in what is deemed the safest currency. The concept of a...

GBPJPY Delays Decline, Showing Bullish Momentum

The GBPJPY pair appears to have postponed its corrective bearish movement, as indicated by a positive close above 186.55 yesterday. This suggests a resurgence...

What are box spreads?

In the ever-evolving world of forex trading, investors are constantly exploring innovative strategies to maximize profits and manage risks effectively. One such advanced options...

GBPJPY Faces Continued Decline, Aiming for Bearish Targets

The GBPJPY pair has demonstrated a persistent decline, failing to reach the 23.6% Fibonacci correction level at 186.50. The lack of momentum to touch...

GBP/JPY Initiates a Decline, Confirming Bearish Scenario

The GBP/JPY pair has initiated a response to negative factors, marked by the establishment of an additional barrier at 189.00 and signals of negative...

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