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ATFX foreign exchange market: AUDUSD fell below 0.6 under the impact of Trump’s policies
Macro aspect: The US dollar is in a weak cycle, and most non-US currencies are appreciating. For example, EURUSD has broken through the 1.1000 mark,...
EURCHF Faces Strong Resistance: Bearish Trend Expected – Forecast for March 13, 2025
The EURCHF pair recently concluded a bullish rally, reaching the 61.8% Fibonacci retracement level at 0.9650, where it encountered significant resistance. This resistance has...
GBP/CHF Approaches Key Resistance Level – March 6, 2025 Forecast
The GBP/CHF currency pair witnessed a strong bullish rally on Wednesday, capitalizing on sustained consolidation within a minor bullish channel. The pair successfully surpassed...
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GBPCAD Achieves Significant Gains – Market Forecast for March 4, 2025
The GBPCAD currency pair has shown notable strength, benefiting from positive factors such as its position within...
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GBPCHF Forms Bullish Channel, Poised for Further Gains – February 27, 2025 Forecast
The GBPCHF currency pair has recently established a minor bullish channel, with the price currently holding steady...
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EURCHF Remains Above Key Support Level – Market Forecast for February 24, 2025
The EURCHF currency pair has recently experienced downward pressure but has managed to maintain positive momentum, closing...
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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...
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...