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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...
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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...
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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...
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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...
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What does Forex pending order transaction mean?
jack wei -
Pending order: refers to an order to buy or sell at a "specified price". With this type of order, you can buy or sell...
What are the features of Forex trading software?
jack wei -
Most of the trading software used in the foreign exchange market are MT software with powerful functions: (1) There are 30 technical analysis indicators that...
What are the three major taboos in foreign exchange operations?
jack wei -
What are the three major taboos in foreign exchange operations? The foreign exchange operation must abide by the trading discipline. The operation is not...
Make money by mastering the tricks of foreign exchange speculation
jack wei -
Some seemingly inconspicuous tricks for foreign exchange speculation, but they are indeed very important help for foreign exchange investors . Whether you are a...
How to correctly escape the top when speculating in foreign exchange?
jack wei -
Many foreign exchange speculators fail to speculate because they do not have the skills to escape from the top. So, how to properly escape the top when speculating in...
How should a novice speculator look at the market?
jack wei -
The process of speculating in foreign exchange is an occasion and opportunity to summarize and apply the knowledge you have read. So, how should...
What are the functions of foreign exchange margin trading?
jack wei -
Having a good understanding of foreign exchange functions, although it does not seem to be of direct help to personal foreign exchange investment ,...
How should a foreign exchange novice place an order?
jack wei -
As far as the market is concerned, the pending order is an important content that cannot be ignored. The pending order is the number...
What is the US Dollar Index today (August 12, 2022)
jack wei -
Reelfinancial.com provides today's us dollar index quotes (August 12, 2022): category Latest price opening price yesterday's closing price us dollar index 105.4032 105.2215 105.2395 For more latest inquiries about the us dollar index...
How does news affect the Forex market?
jack wei -
Global financial markets are closely linked through financial and macroeconomic statistics, and the foreign exchange market is no exception. Currency exchange rates - the...
What is the European Monetary System?
jack wei -
What is the European Monetary System? The exchange rate system within the European Monetary System is not completely fixed, and the currency exchange rate...
Interpreting Forex Quotes
jack wei -
Interpretation of foreign exchange quotations : The way of foreign exchange quotations can be divided into direct quotation or indirect quotation. direct quotation The price quoted...