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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...

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,...

USD/JPY Price is Recovering – Forecast for July 19, 2024

The USD/JPY price halted its decline near the 155.00 barrier, rebounding bullishly to breach the 156.80 level and settle above it. This movement suggests...

EURJPY Delays Bullish Momentum – Forecast for July 18, 2024

The EURJPY pair indicated a delay in its bullish momentum as it slipped below the additional support level at 171.60, resulting in some losses...

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...

How Does Spread Affect Forex Trading?

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

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

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

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

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

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...

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