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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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Is Forex Margin Trading Legal?
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Forex margin trading is a legal activity. Regarding foreign exchange margin trading, the " Regulations of the People's Republic of China on Foreign Exchange Administration " stipulates that the state...
Fry Foreign Exchange Beginner’s Entry Trading Method
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Choose a trading strategy There are risks in the market, so be cautious when entering it. For beginners of currency speculation, there is a basic...
What are the Ways to Buy Foreign Exchange
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Ways to buy foreign exchange: 1. Bank Banks are a relatively common source of foreign exchange buying. You need to bring your valid ID to the...
What is Currency Speculation?
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Fry foreign exchange to call foreign exchange security deposit trades again, sign an agreement with the bank, open trust investment account, deposit brushbrush capital...
Symmetrical triangles appear in the market of investment skills
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In actual trends, triangular arrangements tend to appear in different time periods, and most of the time they are in the form of relays. Therefore,...
Fed continues to build momentum for aggressive rate hikes in July
On Thursday (July 7), the US dollar opened at 107.06 and closed at 107.07 yesterday. As of now, the highest has hit 107.13 and...
British political turmoil continues, sterling fell against the dollar
Today on Thursday (July 7), the GBPUSD opened at 1.1924 and closed at 1.1920 yesterday. So far, the highest has touched 1.1930 and the...
Investors bet euro to parity against dollar
On Thursday (July 7), the EURUSD opened at 1.0180 and closed at 1.0183 yesterday. As of now, the highest has touched 1.0189 and the...
The British pound has fallen 12% against the dollar in the face of internal and external troubles
Today on Thursday (July 7), the GBPUSD opened at 1.1924 and closed at 1.1920 yesterday. So far, the highest has touched 1.1930 and the...
Some basic concepts you need to understand when buying and selling Forex
Definition of forex foreign exchange refers to the simultaneous purchase of a certain currency and the sale of another currency in the over-the-counter market. Currency refers...
Foreign exchange swap trading and foreign exchange futures trading
foreign exchange swap transaction refers to that in foreign exchange transactions , a transaction includes both spot foreign exchange transactions and forward foreign exchange...
Risk aversion exists in the market spot gold short-term stop falling
On Tuesday (July 5th), the spot gold fluctuated and retraced in the intraday market, and the gold price temporarily remained fluctuating around...