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What Are Spreads Used for in Forex?

In the foreign exchange (forex) market, understanding spreads is crucial for both novice and experienced traders. The spread, which refers to the difference between...

What Is the Best Time to Trade USD/CHF?

Trading forex pairs like USD/CHF requires a deep understanding of market dynamics and timing to maximize opportunities and manage risks. The USD/CHF currency pair,...

When Not to Trade Forex?

Forex trading, the act of buying and selling currencies in the foreign exchange market, is a dynamic and potentially profitable endeavor. However, knowing when...

What Is the Safest Forex to Trade?

The foreign exchange (forex) market is the largest and most liquid financial market in the world, offering a range of opportunities for traders. However,...

EURJPY Faces Resistance and Remains Bearish – Forecast for July 29, 2024

The EURJPY currency pair experienced a brief period of bullish correction last Friday, briefly testing the 167.50 resistance level before closing below it. This...

GBPJPY Continues to Exhibit Bearish Trends – Forecast for July 29, 2024

The GBPJPY currency pair displayed mixed trading activity last Friday, initially approaching 199.05 before continuing to form negative waves. The pair remains firmly below...

How to Trade Forex Smartly?

Trading forex can be a highly rewarding endeavor, but it requires a strategic approach, deep understanding of the market, and disciplined execution. With trillions...

EURJPY Hits Target – Forecast for July 26, 2024

The EURJPY pair executed a strong bearish move yesterday, achieving the primary target of 164.75 and establishing it as a robust support level. Following...

GBPJPY Approaches Target – Forecast for July 26, 2024

The GBPJPY currency pair demonstrated a significant bearish move yesterday, approaching the primary target of 195.85. This was followed by a corrective bullish rebound,...

CHFJPY Threatens Positive Stability – Forecast for July 25, 2024

The CHFJPY currency pair has experienced several negative waves, leading it to fall below the support line of its bullish channel at 173.20. The...

EURJPY Suffers Significant Losses – Forecast for July 25, 2024

The EURJPY currency pair has yielded to prevailing negative pressures, exacerbated by persistent resistance below the 169.60 level. This bearish trend has driven the...

GBPJPY Resumes Decline – Forecast for July 25, 2024

The GBPJPY currency pair has continued its bearish trend, confirming its surrender to the negative bias with a significant drop below the previous target...

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