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EUR/JPY Price Forecast Update – September 25, 2024

The EUR/JPY currency pair has experienced a period of sideways fluctuation, currently settling around the 160.20 level due to mixed signals from major indicators...

GBP/JPY Continues Positive Closings: Forecast for September 24, 2024

The GBP/JPY currency pair exhibited mixed trading yesterday, primarily due to a lack of positive momentum. After reaching a low of 190.15, the pair...

EUR/JPY Gains Positive Momentum: Forecast for September 24, 2024

The EUR/JPY currency pair is currently experiencing positive momentum, supported by stochastic stability above the 20 level and the 55-day moving average (MA55) providing...

EUR/JPY Forecast: September 23, 2024 – EUR/JPY Outlook

The EUR/JPY pair continues its upward trajectory, having surpassed the target of 160.25 and now fluctuating near 161.00. Major indicators are providing positive momentum,...

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...

GBPJPY Activates Bullish Correction – Forecast for September 19, 2024

The GBPJPY pair has confirmed a shift to a bullish correctional trend by surpassing the 187.15 level. This movement has led to a strong...

GBP/JPY Hits Resistance Level – Forecast for September 18, 2024

The GBP/JPY currency pair exhibited corrective bullish attempts yesterday, testing the resistance barrier at 187.15 before beginning to decline. Currently, the pair is consolidating...

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...

CAD/JPY Holds Above Key Support – Forecast for September 18, 2024

The CAD/JPY currency pair has demonstrated resilience against negative pressures, closing positively above the crucial support level of 102.80. The price has rallied past...

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....

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