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What Does Size Mean in Forex?
In the world of forex trading, the term “size” plays a critical role in determining the scale of a trader's position and how it...
What is the Lowest Lot Size in Forex?
In the world of foreign exchange (forex) trading, understanding the concept of lot sizes is essential for anyone looking to enter the market. A...
What is Beginner Lot Size in Forex?
Forex trading, or foreign exchange trading, is a dynamic and complex market where currencies are bought and sold. For beginners, navigating the intricacies of...
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What Is a Good Lot Size in Forex?
In the world of forex trading, one of the most critical aspects of managing trades is determining...
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How to Profit from Bid-Ask Spread in Forex?
The foreign exchange (forex) market is the largest financial market globally, with trillions of dollars traded daily....
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What is the Buy Limit in Forex?
The world of forex trading is vast and complex, with a myriad of strategies, tools, and order...
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NZDUSD Testing Key Support Level Amid Negative Pressure
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The NZDUSD currency pair has encountered significant downward pressure recently, reaching the critical support level at 0.5900. The pair has continued to register further...
USDCHF Exceeds Initial Target, Aims for Further Gains
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The USDCHF currency pair has successfully reached and exceeded our initial target at 0.8995. Today, it has continued its upward movement, striving to maintain...
GBPJPY Reaches Initial Bearish Target, Eyes Further Declines
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The GBPJPY currency pair has resumed its corrective bearish movement, successfully reaching the initial negative target at 182.35. This level is currently acting as...
EURJPY Continues Sideways Movement, Awaits Bullish Momentum
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The EURJPY currency pair has once again entered a phase of sideways trading, with consolidation occurring near the 157.80 mark. This lack of significant...
GBPAUD Under Pressure as Stochastic Declines
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The GBPAUD currency pair has recently encountered significant downward pressure, driven by a decline in the stochastic indicator towards the 20 level. This bearish...
How much is 1 lot in forex?
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In the world of forex trading, understanding lot sizes is fundamental to managing risk and optimizing your trading strategy. A "lot" is a standardized...
Who is the owner of octafx: A Complete Overview
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OctaFX is a well-known name in the world of online forex trading, offering its services to traders across the globe. With a reputation for...
Why do day traders lose money?
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Day trading is an alluring endeavor, promising quick riches and the freedom to work from anywhere in the world. While some day traders achieve...
GBPJPY Under Pressure as Support Levels Tested
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The GBPJPY currency pair finds itself under renewed downward pressure as it continues to trace negative patterns, testing the lower bounds of the minor...
EURJPY Maintains Positive Outlook
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Despite facing persistent pressure from major indicators, the EURJPY pair's stability above the main bullish channel's support line at 156.85 suggests the possibility of...
Will interest rates ever be 3 again: An In-Depth Analysis
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The question of whether interest rates will ever return to 3% is a subject of significant interest and speculation among economists, policymakers, and investors....
NZDUSD Shows Signs of Recovery
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The NZDUSD pair initially struggled to maintain levels below 0.5900, but it has since displayed positive momentum and made efforts to secure gains on...