Tag: JPY
How Does Spread Affect Forex Trading?
Jennifer -
In the world of forex trading, understanding the concept of spread is crucial for any trader aiming to navigate the currency markets effectively. The...
CADJPY Ends Correction, Poised for Upside
Jennifer -
Today, July 17, 2024 - The CADJPY price has concluded its correctional decline by testing and settling above the additional support level at 115.40,...
EURJPY Awaits Breakthrough of Resistance Barrier
Jennifer -
Today, July 17, 2024 - The EURJPY pair concluded yesterday's session near the 172.90 level, which has acted as a significant barrier to the...
GBPJPY Seeks New Momentum
Jennifer -
Today, July 17, 2024 - The GBPJPY pair encountered resistance near the 205.30 level, unable to sustain above it as stochastic indicators exited from...
EURJPY Nears Target Amid Positive Momentum – Forecast for July 16, 2024
Jennifer -
The EURJPY price has maintained a stable positive stance above the 171.60 support level, signaling a robust bullish rally and nearing the initial target...
GBPJPY Sees Renewed Positive Momentum – Forecast for July 16, 2024
Jennifer -
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?
Jennifer -
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....
What is the Most Wanted Currency?
Jennifer -
In the complex world of global finance, currencies play a pivotal role in facilitating international trade, investment, and economic stability. Some currencies are highly...
What is the Strongest Currency in Asia?
Jennifer -
Currency strength is a crucial indicator of economic stability and global influence. In Asia, various currencies play significant roles in regional trade, investment attractiveness,...
CHFJPY Forecast Update – July 15, 2024
Jennifer -
The CHFJPY price has recorded new negative closes below the 176.95 barrier, indicating the formation of negative waves with a decline to 175.95. Subsequently,...
EUR/JPY Achieves Bearish Correction, Forecast for July 12, 2024
Jennifer -
The EUR/JPY pair encountered significant downward pressure yesterday, leading to a bearish correction on an intraday basis as it tested the 171.60 level. However,...
GBP/JPY Declines Strongly, Forecast for July 12, 2024
Jennifer -
The GBP/JPY pair experienced a significant downward bounce yesterday after testing the 208.00 barrier, eventually reaching the support line of its primary bullish channel....