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EURJPY Faces Decline – Forecast for February 17, 2025
The EURJPY currency pair has struggled to maintain momentum above the 160.25 mark, as it succumbed to the negative pressure from key technical indicators....
USD/CHF Price Seeks Positive Momentum for Further Gains: Forecast for February 11, 2025
The USD/CHF pair is currently holding above the 0.9100 level, but it requires a positive catalyst to maintain its upward momentum. If the price...
How Long Should I Hold a Forex Trade?
The forex market, or foreign exchange market, is one of the largest and most liquid financial markets in the world, where currencies are traded...
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Is a Higher or Lower Spread Better?
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays...
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What is the Standard Spread in Forex?
Forex trading is one of the most dynamic and liquid financial markets in the world. As of...
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What Time Is the Lowest Spread in Forex?
The forex market operates 24 hours a day, five days a week, offering a vast array of...
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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...
Yen cautiously sees further upside
Today on Tuesday (July 5th), the dollar and yen opened at 135.66 and closed at 135.69 yesterday. So far, the highest has hit 136.36...
EURUSD near five-year low amid recession fears
Today on Tuesday (July 5th), the euro and the dollar opened at 1.0422, and closed at 1.0423 yesterday. So far, the highest has touched...