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EURGBP Outlook: Bullish Momentum Continues – Forecast for February 13, 2025
The EURGBP currency pair has maintained its upward trajectory, continuing to generate bullish momentum after breaking above the 0.8340 resistance level. This move signals...
India’s Forex Reserves Rise for Second Consecutive Week to $630.6 Billion
India's foreign exchange reserves grew for the second straight week, reaching a total of $630.6 billion as of January 31, according to a statement...
Is a Higher or Lower Spread Better?
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays a crucial role in the cost of...
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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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How Do I Win If I Bet the Spread?
Betting the spread, also known as point spread betting, is one of the most popular forms of...
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The dollar falls, the status of the world’s major reserve currency declines
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...
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...