Tag: USD
How Do You Avoid High Spread in Forex?
Jennifer -
In the dynamic world of foreign exchange (Forex) trading, the spread—the difference between the bid and ask price—plays a crucial role in determining the...
EURUSD Price Forecast Update – September 19, 2024
Jennifer -
The EURUSD price is showing strong positive momentum, having surpassed the $1.1100 level. This movement supports the expectation of advancing towards our target of...
GBPUSD Forecast Update – September 19, 2024
Jennifer -
The GBPUSD price has demonstrated further positive movement, reaching the $1.3265 level. A breach of this level is anticipated to confirm the extension of...
AUDUSD Price Forecast Update – September 19, 2024
Jennifer -
The AUDUSD price has surged past the $0.6800 barrier, confirming the continuation of the bullish trend. This upward movement is supported by positive stochastic...
NZDUSD Price Forecast Update – September 19, 2024
Jennifer -
The NZDUSD price has once again breached the $0.6228 level, reaffirming the dominance of the bullish trend in both intraday and short-term contexts. This...
Bitcoin Price Forecast Update – September 19, 2024
Jennifer -
Bitcoin (BTCUSD) has recently surpassed the $73.80 level and closed the last four-hour candlestick above this mark. This development reinforces the expectation of a...
Ethereum Price Faces Negative Momentum – Forecast for September 18, 2024
Jennifer -
Ethereum (ETHUSD) has experienced a bearish bounce following its previous evening rise, remaining below the EMA50. Clear negative signals from stochastic indicators suggest the...
How Many Lots Is 1000 in Forex?
Jennifer -
When trading in the forex market, one of the first things new traders must learn is how to size their trades appropriately. The concept...
What is the Most Effective Currency?
Jennifer -
The concept of an "effective currency" encompasses a wide range of factors, including economic stability, global influence, liquidity, and utility in international trade. Currencies...
What Does Size Mean in Forex?
Jennifer -
In the world of forex trading, the term “size” plays a critical role in determining the scale of a trader's position and how it...
What is a 0.10 Lot Size in Forex?
Jennifer -
When trading in the foreign exchange (forex) market, one of the most important concepts that every trader needs to understand is the "lot size."...
GBP/USD Forecast Update – September 13, 2024
Jennifer -
The GBP/USD currency pair recently tested a crucial support level at $1.3124, maintaining stability above it. This price action supports a bullish trend for...