Tag: USD
What Was the Highest Dollar Rate Ever?
Jennifer -
Understanding the peak value of the U.S. dollar requires a comprehensive look at historical data, economic factors, and global events that have influenced its...
What is Beginner Lot Size in Forex?
Jennifer -
Forex trading, or foreign exchange trading, is a dynamic and complex market where currencies are bought and sold. For beginners, navigating the intricacies of...
What Is a Good Lot Size in Forex?
Jennifer -
In the world of forex trading, one of the most critical aspects of managing trades is determining the appropriate lot size. A "lot" refers...
What is Higher Than the U.S. Dollar?
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The U.S. dollar (USD) is one of the most widely recognized and used currencies globally, serving as the world's primary reserve currency and a...
EUR/USD Price Forecast: September 6, 2024
Jennifer -
The EUR/USD currency pair is experiencing a gradual upward movement, aiming to distance itself from the $1.1100 level. This upward trend remains intact for...
Ethereum (ETH/USD) Records Brief Gains: Forecast for September 5, 2024
Jennifer -
Ethereum (ETH/USD) briefly gained traction before encountering resistance near the $2,500 level. The price has since begun to decline, suggesting a potential resumption of...
Bitcoin Price (BTCUSD) Opens with Strong Bearish Momentum – Forecast for September 4, 2024
Jennifer -
Bitcoin (BTCUSD) opened today with pronounced negativity, reaching our anticipated target of $56,160 and testing its breach. This suggests the potential for further declines...
How to Profit from Bid-Ask Spread in Forex?
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The foreign exchange (forex) market is the largest financial market globally, with trillions of dollars traded daily. One of the key concepts that every...
What is the Buy Limit in Forex?
Jennifer -
The world of forex trading is vast and complex, with a myriad of strategies, tools, and order types designed to help traders navigate the...
Bitcoin Price (BTCUSD) Completes Bearish Pattern: Forecast for September 2, 2024
Jennifer -
Bitcoin (BTCUSD) continues to exhibit a bearish trend, having formed a head and shoulders pattern on the minor chart. This technical setup suggests that...
Ethereum Price (ETHUSD) Faces Downward Pressure: Forecast for September 2, 2024
Jennifer -
Ethereum (ETHUSD) has started the day with a decline, approaching the $2,400 support level. This movement supports the continuation of the anticipated bearish trend...
USD/CAD Rises to Near 1.3500 as Oil Prices Decline
Jennifer -
The USD/CAD exchange rate has recently moved up to approximately 1.3500, driven by lower crude oil prices impacting the commodity-linked Canadian Dollar (CAD). This...