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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 is the core of forex trading profit?
jack wei -
The first is to establish a trading strategy with positive expectations Without this premise, no matter how good your attitude is, no matter how much...
What is the US Dollar Index today (August 8, 2022)
jack wei -
Reelfinancial.com provides today's us dollar index quotes (August 8, 2022): category Latest price opening price yesterday's closing price us dollar index 106.5695 106.5987 106.5860 For more latest inquiries about the us dollar index...
What is the core of forex trading profit?
jack wei -
The first is to establish a trading strategy with positive expectations Without this premise, no matter how good your attitude is, no matter how much...
How is the shadow exchange rate formed?
jack wei -
How is the shadow exchange rate formed? The concept of shadow exchange rate was first proposed by economist Harberg in the 1960s, and its...
How To Manage Forex Trading Mentality
jack wei -
Build self-confidence in your trading philosophy, trading plan and trading system to better help you execute every trade. Avoid rushing out to avoid taking...
How to be profitable in foreign exchange trading
jack wei -
Forex trading is a high-profit model that can be operated with little money in the account. Be sure to practice with the least amount...
The U.S. dollar index is a bellwether for the foreign exchange market
jack wei -
The U.S. dollar index is a bellwether for the foreign exchange market . The U.S. dollar index is similar to the Dow Jones Industrial...
What is the Fed rate meeting
jack wei -
The Fed rate meeting is also known as the FOMC meeting . The Federal Open Market Committee is part of the Federal Reserve System....
Are Fed rate cuts bad for fuel?
jack wei -
The Fed 's rate cut is good for fuel. A Fed rate cut would increase liquidity, devalue the dollar and push up asset prices, so...
Is the Fed state-run?
jack wei -
The Fed is not state-run. The Federal Reserve is a private institution authorized by Congress and an independent institution jointly established by member banks. Among...
What is the currency of New Zealand?
jack wei -
The New Zealand currency generally refers to the New Zealand dollar . New Zealand's English name is New Zealand, and the Chinese transliteration of...
What are Euro Sovereign Bonds
jack wei -
Euro sovereign bonds are government bonds issued in euros. The main issuers of euro sovereign bonds are governments (mostly developing countries) with the euro as...