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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...
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 0.5630. A break below this support would...
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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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AUDCAD Under Negative Pressure – Forecast for December 23, 2024
The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to...
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NZD/CAD Price Forecast Update – December 20, 2024
The NZD/CAD currency pair has recently experienced significant negative pressure, resulting in multiple bearish waves and a...
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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...
Foreign Currency Exchange Rates Today (22-6-2022)
Currencies ISO GBP EUR USD AUD NZD CAD Argentine Peso exchange rate ARS 0.007 0.008 0.008 0.012 0.013 0.011 Australian Dollar exchange rate AUD 0.564 0.655 0.694 1 1.101 0.898 Bahraini Dinar exchange rate BHD 2.155 2.503 2.65 3.821 4.209 3.431 Barbadian Dollar exchange rate BBD 0.406 0.472 0.5 0.72 0.793 0.647 Brazilian Real exchange rate BRL 0.158 0.184 0.194 0.28 0.309 0.252 British Pound exchange rate GBP 1 1.161 1.23 1.773 1.953 1.592 Canadian Dollar exchange rate CAD 0.628 0.729 0.773 1.114 1.227 1 Central African CFA...
WHAT IS AN ENTRY ORDER IN FOREX TRADING?
A forex entry order is an order that is placed at a specified price level for a currency pair. Once this price is reached,...
What is Slippage? Slippage in Forex Explained
Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize...
WHAT IS LEVERAGE IN FOREX TRADING?
Leverage in forex is a useful financial tool that allows traders to increase their market exposure beyond the initial investment (deposit). This means a...