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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...

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 161.98 and approaching the resistance line of...

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...

Bearish Bets on Asian Currencies Rise Amid US Tariff Concerns

Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the...

EUR/USD Price Forecast Update – December 13, 2024

The EUR/USD pair remains below the $1.0475 level, showing weak price action since the morning. This confirms...

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Forex Trading Tips:how to grasp the 5-minute chart?

Changes in foreign exchange market prices can be divided into tick charts, minute charts, hourly charts, daily charts, weekly charts and monthly charts according...

Forex Trading Tips:How to Unlock?

After being stuck in foreign exchange speculation , any operation we do is passive. After the quilt, I truly realized how important it is...

How to Avoid Subjectivity in Forex Trading?

After entering the foreign exchange market , it is difficult for many investors to maintain an objective attitude towards the market conditions. They often...

How can beginners improve their Forex trading skills?

It takes time and process for beginners to improve their trading skills . If you have the guidance of those who have come, you...

Forex Trading Tips: What is Forex Scalping?

Forex Trading Tips: Forex scalping is a trading strategy dedicated to making profits from small price movements. Let's talk about Forex trading skills : What...

Forex Trading Tips: How to Choose a Forex Trading Variety?

Forex Trading Tips: How to choose a foreign exchange trading variety for a novice in foreign exchange trading First of all, it is necessary to understand...

exchange rate_what is exchange rate

The exchange rate, also known as " foreign exchange market or exchange rate", is the most important adjustment lever in international trade. The rate...

what is money supply

Money supply (also known as money stock) refers to the money stock of the whole society, and is the total amount of money that...

What is foreign exchange and what is foreign exchange

The concept of foreign exchange has a double meaning, that is, there are dynamic and static points.The static concept of foreign exchange is divided...

What is libor interest rate libor interest rate query

We often hear questions about interest rates in the foreign exchange market. In addition to the Fed funds rate cut by the Federal Reserve,...

How long is a foreign exchange pending order valid for?

The foreign exchange pending order is valid until the investor cancels the pending order or the pending order is triggered. If the investor does...

What does foreign exchange trading mean? What is foreign exchange trading?

Foreign exchange (FOREX Trade) is the exchange of one country's currency with another country's currency. Unlike other financial markets, the foreign exchange market has...

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