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CADJPY Faces Strong Support: Forecast for September 13, 2024

On September 12, 2024, the CADJPY currency pair encountered robust support at the 61.8% Fibonacci retracement level, stabilizing at 103.50. This level has proven...

What Is the Main Currency of the World?

In the complex world of global finance, currencies serve as the backbone of trade, investments, and economic activities. Among the multitude of currencies circulating...

GBPJPY Hits Target: Forecast for September 12, 2024

The GBPJPY currency pair has recently completed its downward move by reaching the target of 183.70. This level has acted as a barrier against...

EURJPY Holds Above Support: Forecast for September 12, 2024

The EURJPY currency pair recently approached its additional negative target at 155.10 but has since responded positively, driven by a bullish correction as indicated...

GBP/JPY Continues to Decline: Forecast for September 11, 2024

The GBP/JPY currency pair has sustained a downward trajectory, extending its losses and surpassing the initial target of 185.10. This trend indicates the potential...

EUR/JPY Experiences Significant Decline: Forecast for September 11, 2024

The EUR/JPY currency pair has experienced notable losses, driven by a bearish shift in major indicators. The pair broke below the key support level...

EURJPY Touches Target – Forecast for September 9, 2024

The EURJPY pair concluded its recent negative phase by reaching the target of 157.25, which has now become a new barrier to further declines....

What is Trading Size in Forex?

In the world of forex trading, understanding the concept of trading size is essential for managing risk, maximizing profits, and ensuring longevity in the...

CAD/JPY Price Forecast: September 6, 2024

The CAD/JPY currency pair has resumed its downward trajectory, falling below the 50% Fibonacci correction level at 106.45. This movement suggests a continuation of...

GBP/JPY Encounters New Support: Forecast for September 5, 2024

The GBP/JPY currency pair experienced a significant decline yesterday, moving away from the 191.90 resistance level and reaching 188.20. This decline has brought the...

EUR/JPY Continues Downtrend: Forecast for September 5, 2024

The EUR/JPY currency pair has successfully breached the additional support level of 160.20, affirming the prevailing bearish trend. The pair is now targeting further...

GBPJPY Fails to Confirm Breach – Forecast for September 4, 2024

The GBPJPY pair has struggled to confirm a breach above the 191.90 barrier, leading to a decline towards 190.30, where it has settled. Stochastic...

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