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What is the Spread of XAU/USD?
The foreign exchange market (Forex) is a complex and dynamic financial environment that allows the trading of various currency pairs. Among these, the XAU/USD...
Why Are Spreads High at Night?
In the world of forex and other financial markets, traders often observe that spreads—the difference between the bid (buy) and ask (sell) prices—tend to...
EURJPY Consolidates Below Key Resistance Level – Market Outlook for 30th December 2024
The EURJPY pair has been trading in a narrow range, largely consolidating below the 164.75 resistance level. This barrier has been preventing the pair...
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South Korean Won-Dollar Exchange Rate Surpasses 1480, Financial Supervisory Service Offers Full Support for Exporters
The South Korean won has continued its downward trend, surpassing the 1480 mark against the U.S. dollar,...
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NZDUSD Price Trades Within Bearish Pattern – Negative Trend Expected for Today – 24 December 2024
The NZDUSD price continues to trade within a bearish flag pattern, with a key support level at...
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USDCHF Price Resumes Upward Movement – Bullish Trend Forecasted for Today – 24 December 2024
The USDCHF price has bounced upwards, reaching the 0.9014 level and is now awaiting a breach of...
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GBP locked in 1.23 area
Today on Monday (June 27), the GBPUSD opened at 1.2271 and closed at 1.2274 yesterday. As of now, the highest has touched 1.2297 and...
Dollar increases downside exposure against yen
Today on Monday (June 27), the dollar and yen opened at 135.24 and closed at 135.23 yesterday. As of now, the highest has hit...
Reverse currency war started the dollar to fall?
Today on Monday (June 27), the US dollar opened at 104.12, and closed at 104.12 yesterday. So far, the highest has hit 104.14 and...
Fed rate hike weakens pressure on euro
Today on Monday (June 27), the US dollar and euro opened at 0.9470 and closed at 0.9471 yesterday. As of now, the highest has...
How to arbitrage foreign exchange
In the past decade, the trading volume of the international foreign exchange market has grown rapidly, with a daily trading volume of US$6 trillion...
How to set up a Forex trading position?
How to set up a Forex trading position? I set up my positions on the premise that I would never lose more than 1%...
How to learn Forex trading skills from demo trading?
When an investor is first exposed to foreign exchange investment , applying a demo account for trading learning is often the first step in...
What does “scalping” often mean in foreign exchange trading
Scalping originally referred to taking advantage of network or communication problems to profit from quotation errors. For example, a dealer's quotation at a certain...
Practical Forex Trading Tips
Practical Forex Trading Tips: 1.Invest with "idle money" The money used for investment must be "idle money", that is, funds that have no urgent and accurate...
Tips for Profitable Foreign Exchange Trading
Forex trading has the same trading skills as other investments. Here are some strategies for profitable foreign exchange trading . Don't overtrade To be a successful...
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...