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GBPJPY Hits Target – Forecast for Today, July 23, 2024

The GBPJPY currency pair has maintained its bearish stance below the 204.40 resistance level, benefiting from additional negative momentum provided by stochastic indicators. The...

Platinum Price Trends Towards Decline – Forecast for Today, July 23, 2024

Platinum prices remain under negative pressure due to key indicators providing bearish momentum, coupled with sustained trading below the $983.00 resistance level. The market...

Copper Price Touches Target – Forecast for Today, July 23, 2024

Copper prices have continued their bearish trend, reaching the target level of $4.1500 yesterday and currently fluctuating around it. The price may exhibit some...

Ethereum Price (ETHUSD) Gains Positive Momentum – Forecast for Today, July 23, 2024

Ethereum (ETHUSD) is experiencing temporary negative pressure but remains supported by the EMA50, which offers solid backing for the price. Stochastic indicators have shifted...

What is the Benefit of Spread in Forex?

In forex trading, the term "spread" refers to the difference between the bid price and the ask price of a currency pair. This seemingly...

How to Understand Spread in Forex?

In the world of forex trading, understanding the concept of spread is crucial for making informed decisions and optimizing trading strategies. The spread, which...

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...

Why Is 24K Gold So Expensive?

Gold has been a symbol of wealth, power, and beauty throughout history. Among various grades and types of gold, 24K gold stands out due...

What is the Hong Kong Main Stock Index?

Hong Kong, known for its bustling financial markets and strategic position as a gateway between East and West, has a pivotal stock index: the...

How Do You See What Indexes a Stock Is In?

Stocks can be part of multiple indexes, which can affect their performance, visibility, and overall investment appeal. Knowing how to determine which indexes a...

AUDCAD Begins to Decline – Forecast for July 22, 2024

The AUDCAD price has yielded to the resistance at 0.9255, beginning to form strong negative waves and dropping below 0.9175, reaching additional losses at...

Natural Gas Price Seeks Negative Momentum – Forecast for July 22, 2024

Natural gas price lost the negative momentum after stochastic rallied above the 50 level, resulting in a temporary correctional bullish rebound, settling near $2.180. The...

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