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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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EURJPY Maintains Bullish Momentum – Forecast for 11-12-2024
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The EURJPY pair has solidified its bullish trajectory, closing positively above the 158.80 support level. This move resulted in a strong rally, reaching 160.05....
USDJPY Price Shows Recovery: Forecast for December 10, 2024
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The USDJPY price experienced a significant upward bounce yesterday, breaching the key resistance level of 150.18 and initiating a bullish wave. A closer analysis...
EUR/JPY Breaks Resistance, Signals Bullish Trend: Forecast for December 10, 2024
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The EUR/JPY currency pair has resumed an upward trajectory, breaking through the resistance level at 159.05. This move has propelled the pair toward 160.00,...
EURJPY Faces Resistance and Declines – Forecast for 09 December 2024
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The EURJPY pair reached its correctional positive target at 159.57 last Friday, but faced strong resistance at this level, resulting in a reversal and...
AUDUSD Price Forecast Update – 09 December 2024
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The AUDUSD pair is showing strong upward momentum, heading towards a critical resistance level at $0.6470. As noted earlier, for the bearish outlook to...
GBPAUD Achieves Significant Gains – Forecast for Today (06-12-2024)
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The GBPAUD pair has successfully surpassed the key resistance level at 1.9250, driving strong bullish momentum and leading to significant gains. The price is...
EUR/USD Price Forecast Update: Bullish Momentum Expected
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The EUR/USD pair is currently settled above the $1.0563 level, awaiting the accumulation of positive momentum to drive the price higher and resume the...
GBP/USD Forecast: Caution Advised as Price Tests Key Resistance
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The GBP/USD pair has shown clear upward momentum, approaching the key resistance level at $1.2735 on December 5, 2024. A breakout above this level...
AUD/USD Price Forecast Update – 4th December 2024
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The AUD/USD pair has seen further negative movement, approaching the $0.6400 mark, which strengthens expectations of the continuation of the bearish trend in the...
USDJPY Declines Again – Price Forecast for December 3, 2024
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The USDJPY price struggled to maintain its position above the 150.20 level, moving into a bearish phase and reaching 149.00. This shift places the...
GBPUSD Breaks Minor Support – Price Forecast for December 3, 2024
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The GBPUSD price showed notable bearish movement yesterday, successfully breaking through the 1.2655$ support level and maintaining its position below it. This reinforces expectations...
What is the Ideal Spread in Forex?
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In the world of forex trading, one of the key factors that traders must consider when entering the market is the spread. The spread...