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GBPCAD Achieves Significant Gains – Market Forecast for March 4, 2025
The GBPCAD currency pair has shown notable strength, benefiting from positive factors such as its position within a bullish channel and sustained momentum from...
EURCHF Remains Above Key Support Level – Market Forecast for February 24, 2025
The EURCHF currency pair has recently experienced downward pressure but has managed to maintain positive momentum, closing consistently above the crucial support level of...
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....
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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...
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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...
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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...
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What are the denominations of British pounds?
The British pound is the standard currency of the United Kingdom and is issued by the Bank of England, which was established in 1694....
What are the principles for foreign exchange investment to increase positions?
Golden Investment Foreign Exchange Network January 12th , in the process of investing in foreign exchange , it is inevitable to encounter the situation...
How to formulate foreign exchange investment strategy?
foreign exchange investment strategy is a more effective investment skill that many investors want. So, how to formulate foreign exchange investment strategy? 1. Operation direction:...
What is the unit of foreign exchange trading volume?
The unit of foreign exchange transaction volume is hand, and we often measure the amount of foreign exchange speculation that we have traded 1...
Is Forex a Securities?
Forex and securities are fundamentally different, and securities can generally be divided into three categories, namely stocks, funds and bonds. Securities do not include...
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%...