FOREX
HomeFOREX
AUDCAD Under Negative Pressure – Forecast for December 23, 2024
The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to a continuation of negative momentum. This resistance,...
GBP/USD Forecast Update – December 20, 2024
The GBP/USD currency pair has found solid support at the previously breached resistance of the bearish channel, which suggests the potential for a continuation...
GBPCAD Resumes Bullish Correction – Forecast for Today (18-12-2024)
The GBPCAD has resumed its bullish correction, recently surpassing the 1.8110 barrier. This move formed a double bottom pattern, reinforcing the continuation of the...
Jennifer -
EURJPY Encounters Strong Resistance – Forecast for December 17, 2024
The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This...
Jennifer -
EUR/JPY Forecast – December 16, 2024
The EUR/JPY pair has successfully surpassed the 161.10 resistance level last Friday, achieving additional gains by reaching...
Jennifer -
GBP/USD Forecast – December 16, 2024
The GBP/USD pair has shown weak price action today, stabilizing around the $1.2635 level. The bearish trend...
Jennifer -
Explore more
Moderate exchange rate fluctuations are conducive to keeping the economy operating within a reasonable range
jack wei -
The strength of the US dollar reappeared. Yesterday, the US dollar index broke through the 109 mark in intraday trading, hitting a new high...
CNY has no basis for long-term depreciation
jack wei -
On August 24, experts said that although the volatility of the renminbi has risen recently, it does not have the basis for long-term depreciation....
Euro remains weaker after Eurozone PMI data
jack wei -
On August 23, the euro remained weaker as a measure of activity in the euro zone's manufacturing and services sectors fell to an 18-month...
Cuba reopens foreign exchange sales after two years
jack wei -
On August 23, the Cuban government announced on the 22nd that it will provide services for the exchange of foreign currencies such as U.S....
HSBC: GBP/USD may continue to fall
jack wei -
GBP/USD fell to around 1.17. HSBC economists expect the pair to continue falling. Changes in risk appetite, two-year rate expectations and commodity prices mostly...
The dollar index DXY rose 14 points in the short term
jack wei -
The U.S. dollar index DXY rose 14 points in the short term and is now at 109.14. Reminder: For more information about forex trading, forex...
Korea’s foreign exchange authority warns against herding in USD/KRW trade
jack wei -
On August 23, the exchange rate of KRWUSD hovered at its lowest value in 13 years. The Korea Foreign Exchange Administration issued a verbal...
What does the US CPI mean? Why is the US CPI data so important?
jack wei -
The US CPI refers to the Consumer Price Index (Consumer Price Index), also known as the Consumer Price Index, or CPI for short. Simple...
What is the reason for the foreign exchange market
jack wei -
The foreign exchange market refers to a trading place for foreign exchange trading , or a place where various currencies are exchanged with each...
What is a Forex Broker
jack wei -
A foreign exchange broker refers to an intermediary that specifically introduces transactions in foreign exchange transactions , acts as an intermediary between the supply...
What are the trading methods of foreign exchange
jack wei -
How to trade foreign exchange: Spot foreign exchange transaction : Also known as spot foreign exchange transaction, it is a foreign exchange transaction method in...
What is Direct Exchange Control
jack wei -
Direct foreign exchange control refers to the direct and mandatory control of all foreign exchange transactions by the central bank or other financial and...