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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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What is a Lot Size in Forex?
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Lot size in forex trading refers to the amount of currency being traded in a transaction. Understanding lot size is crucial for traders as...
GBPJPY Finds Strong Support and Faces Potential Bullish Reversal – Market Forecast for November 28, 2024
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The GBPJPY pair has recently encountered solid support at 190.70, halting the previous downward movement. This support, coupled with stochastic positivity, has led to...
EURJPY Nears Target – Forecast for November 27, 2024
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The EURJPY pair continues to exhibit strong bearish momentum, driven by consistent negative pressures. The pair recently broke through the support line of a...
CADJPY Faces Bearish Momentum – Forecast for November 27, 2024
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The CADJPY currency pair closed the latest trading session with a negative finish, settling below the 38.2% Fibonacci retracement level at 109.30. This move...
EURJPY Recovers Some Losses: Bearish Outlook for November 25, 2024
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The EURJPY pair has managed to hold above the support line of the bearish channel at 160.60, prompting a corrective bullish move. This has...
GBP/USD Price Forecast – November 22, 2024
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The GBP/USD pair continues its downward trajectory, attempting to break the key support level of $1.2566. This movement strengthens expectations of a sustained bearish...
EURJPY Reaches Negative Targets – Forecast for November 11, 2024
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The EURJPY pair has successfully hit correctional targets, touching a low of 163.42 and establishing a new support base. Following this, it rebounded towards...
EUR/USD Price Forecast Update – November 6, 2024
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The EUR/USD pair has decisively broken below the 1.0760$ level, reaching our initial target of 1.0700$ and reinforcing expectations of further bearish movement throughout...
GBP/USD Forecast Update – November 6, 2024
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The GBP/USD pair has successfully reached our initial target of 1.2866$ and is currently testing this level from below, reinforcing the expectation of continued...
U.S. Dollar Closes Lower on Taipei Forex Market
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Taipei, Nov. 4 — The U.S. dollar experienced a decline against the Taiwan dollar on Monday, falling by NT$0.007 to close at NT$31.961. During the...
Does Bearish Mean Buy or Sell?
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In the world of finance and investing, terms like "bearish" and "bullish" are frequently thrown around. Understanding what these terms mean and how they...
What is a Bear in Forex Trading?
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In the realm of forex trading, market sentiment plays a crucial role in influencing currency values. Traders and investors must constantly analyze market conditions,...