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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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USDCAD Makes Efforts to Re-enter Channel
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The USDCAD pair is currently experiencing fluctuations in the vicinity of the previously breached support level of the bullish channel, as it endeavors to...
EURUSD Registers Intraday Advances
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The EURUSD pair concluded the previous day's trading session above the 1.0880 level and has commenced the current session with an added inclination towards...
GBPUSD Recovers Ground, Aiming Higher
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The GBPUSD pair has found support near the 1.2725 level and is showing signs of recovery, with an upward trajectory from this point. The...
GBPUSD Maintains Sideways Movement
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The GBPUSD pair remains ensnared in a sideways trading pattern, its trajectory influenced by the proximity to the EMA50. This occurrence is complemented by...
AUDUSD’s Breakout Attempts Continue
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The AUDUSD pair remains ensnared in a range near the 0.6400 level, encountering challenges in securing a definitive breach. Notably, the stochastic indicator is...
GBPJPY Remains in Fluctuation Below Resistance
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The GBPJPY pair continues its pattern of fluctuation below the additional resistance level at 186.35, displaying a reluctance to initiate bullish movements. This behavior...
PBOC Implements Modest Reduction in One-Year Loan Rate
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The People's Bank of China (PBOC) has announced a slight reduction in its one-year loan prime rate by 10 basis points, bringing it down...
GBPCAD Capitalizes on Favorable Elements
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The GBPCAD currency pair adeptly leveraged advantageous factors, notably propelled by the positive momentum elicited from major indicators and its steadfast consolidation within a...
USDCHF Navigates Support Assessment
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The USDCHF currency pair is presently immersed in a phase of evaluating the pivotal support juncture at 0.8775. Notably, the presence of the 50-day...
GBPUSD Enveloped by Dominant Bearish Channel
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The GBPUSD currency pair has embarked on a renewed descent, relinquishing the gains it briefly garnered during preceding trading sessions. This resumption of negative...
EURJPY Anticipates Uptick in Positive Momentum
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The EURJPY currency pair is poised in an anticipatory stance, eagerly awaiting a surge in positive momentum. Persistent within the vicinity of the 159.00...
EURGBP Records Continued Decline
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The EURGBP currency pair persists in its downward trajectory, exhibiting sustained depreciation. It has orchestrated a fresh bearish movement, effectively distancing itself from the...