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Which is the Best Spread in Forex?

The spread in Forex trading is the difference between the bid and ask price of a currency pair. It represents the cost of trading...

No Change to the GBPJPY Pair’s Negativity – Forecast for July 22, 2024

Despite the GBPJPY pair forming some bullish waves and settling near 203.50, the previously suggested negative trend remains intact. This is due to the...

Where Does Money Go When You Sell Bitcoin?

Bitcoin, the pioneering cryptocurrency, has revolutionized the financial landscape since its inception in 2009. As more individuals and institutions embrace Bitcoin as a store...

How Do You Maximize Profit in Forex Trading?

Forex trading, also known as foreign exchange trading, offers substantial opportunities for profit in global currency markets. However, achieving consistent profitability requires strategic planning,...

GBP/USD Price Under Negative Pressure – Forecast for July 19, 2024

The GBP/USD price has continued to decline, breaking the intraday bullish trend line and heading towards an expected decline in the upcoming sessions. The...

GBPJPY Faces Significant Losses – Forecast for July 18, 2024

The GBPJPY pair encountered substantial downward pressure yesterday, initiating bearish movements after breaking below the critical support level at 240.45, resulting in considerable losses...

GBPJPY Seeks New Momentum

Today, July 17, 2024 - The GBPJPY pair encountered resistance near the 205.30 level, unable to sustain above it as stochastic indicators exited from...

GBPJPY Sees Renewed Positive Momentum – Forecast for July 16, 2024

The GBPJPY pair recently experienced temporary downward movements, testing the support line of the main bullish channel around 204.15. However, it quickly resumed its...

Which Forex is Best for Day Trading?

Forex (foreign exchange) trading is a dynamic market where traders buy and sell currency pairs with the aim of profiting from short-term price movements....

GBPUSD Forecast Update – July 15, 2024

The GBPUSD price is currently resuming its upward momentum, poised to breach $1.3000 to pave the way for new targets aiming towards $1.3140 as...

What is Mini and Micro Lot Size in Forex?

Forex trading, also known as foreign exchange trading, is the global marketplace for buying and selling currencies. One of the essential concepts every forex...

What Value of Money is the Highest?

The value of money is a critical factor in the global economy, influencing trade, investment, and everyday transactions. While the nominal value of a...

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