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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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Dollar Gains Ground in Anticipation of Crucial Inflation Figures
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The U.S. dollar exhibited a resurgence during early European trading on Monday, rebounding from its previous losses sustained following Friday's payrolls data release. This...
Asian Currencies Decline Amidst Dollar and Yield Upsurge Ahead of Inflation Figures
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Most Asian currencies witnessed a downturn on Monday, as the dollar gained strength and Treasury yields firmed in anticipation of pivotal inflation data from...
Critical Support Tested as USDJPY Shows Signs of Recovery
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The USDJPY currency pair has persisted in its downward trajectory, culminating in a notable test of the pivotal support level at 141.40. Observations reveal...
GBPUSD Recovery Efforts Amidst Technical Hurdles
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The GBPUSD currency pair has recently displayed signs of recuperation within the preceding trading sessions, managing to breach the significant level at 1.2725. Notably,...
EURUSD Retests Neckline, Indicating Potential Bearish Trend
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The EURUSD pair experienced a bullish rally that encountered resistance at the 1.1030 level, coinciding with the previously broken neckline of a double top...
EUR/USD Tests Initial Resistance Mark Amidst Ongoing Evaluation
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In recent developments, the EUR/USD currency pair underwent a test of the primary resistance level situated at 1.0955. While this point was probed, the...
GBP/USD Achieves Designated Milestone Before Experiencing Rebound
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In recent market activity, the GBP/USD currency pair successfully reached the targeted level at 1.2625 before staging a robust recovery. The pair's price movement...
USD/JPY Retests Neckline Level Amidst Negative Pressure
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In recent trading, the USD/JPY currency pair encountered downward pressure, leading to a retest of the crucial support level at 142.00. This mark holds...
GBP/JPY Sustains Ascending Trajectory
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The GBP/JPY currency pair has embarked on a trajectory of positive momentum, evident in the Stochastic indicator surging above the pivotal 50 level. This...
EUR/JPY Strengthens Amidst Uptrend
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The EUR/JPY currency pair sustained its lateral trajectory in the prior session, holding its position above the supplementary support level situated around 156.20. Concurrently,...
AUD/CAD Gears Up for Further Declines
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The AUD/CAD currency pair has now definitively affirmed its downward trajectory, notably achieving the previously identified downside target at 0.8730. This attainment potentially ushers...
Euro Extends Decline to Four-Week Low Amid Interest Rate Gap Concerns
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The euro witnessed a decline during European trading on Thursday, marking its fourth consecutive loss against the dollar and reaching a four-week low. This...