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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...

What is the Standard Spread in Forex?

Forex trading is one of the most dynamic and liquid financial markets in the world. As of...

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...

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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What is the Golden Rule in Forex?

The foreign exchange (Forex or FX) market is the largest and most liquid financial market in the world, with a daily trading volume surpassing...

What is a Decent Spread in Forex?

In the world of Forex trading, the term “spread” is a crucial concept that every trader must understand. Simply put, the spread is the...

What Is a Pip Spread in Forex?

In the world of forex trading, terms like “pip,” “spread,” and “pippage” are commonly used by traders to describe various aspects of market movements...

How to Trade on Forex Without Losing?

Trading in the foreign exchange (forex) market is an exciting and potentially profitable venture. With a daily turnover of over $6 trillion, forex trading...

Is $500 Enough to Trade Forex?

Forex trading has become a popular method for individuals seeking to profit from fluctuations in currency values. With the promise of high potential returns,...

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...

What Lot Size Is Good for $100 in Forex?

Forex trading is one of the most popular forms of investment worldwide, offering opportunities for traders to profit from currency price fluctuations. However, for...

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...

GBPJPY Overcomes Decline – Forecast for January 22, 2025

The GBPJPY pair has effectively neutralized negative pressure, rebounding after reaching the 190.50 level yesterday. Following a positive stochastic signal, the pair broke through...

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...

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, prompting the Financial Supervisory Service (FSS) to...

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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