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GBPCAD Remains Bullish – Forecast for February 20, 2025
The GBPCAD currency pair has maintained a strong bullish trend, with recent positive closings consistently above the key support level at 1.7815. As a...
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...
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How Long Should I Hold a Forex Trade?
The forex market, or foreign exchange market, is one of the largest and most liquid financial markets...
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Is a Higher or Lower Spread Better?
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays...
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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 is a broker in forex
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A broker in forex is a financial intermediary that connects individual traders and institutional clients to the foreign exchange market. Forex brokers offer trading...
What is forex investment
Joy -
Forex investment is the practice of buying and selling currencies in the foreign exchange market (also known as the forex market or FX market)....
What is currency trading
Joy -
Currency trading, also known as foreign exchange (forex) trading, is the act of buying and selling different currencies with the aim of making a...
What is us30 in forex
Joy -
US30 is a term used in the world of forex trading to refer to the Dow Jones Industrial Average (DJIA), which is one of...
What does fx stands for
Joy -
In the finance industry, FX is shorthand for foreign exchange, which refers to the process of converting one currency into another. This can happen...
What is spread in forex
Joy -
The foreign exchange market, also known as the forex market, is the largest and most liquid market in the world. It involves the exchange...
What does Pip in forex stand for
jack wei -
If you are new to the forex market, you may have heard the term "pip" mentioned frequently. Pip is one of the most important...
What time does london session open
jack wei -
The forex market is a global decentralized market that operates 24 hours a day, 5 days a week. The market is divided into four...
What is ecn in forex
jack wei -
ECN stands for Electronic Communication Network, which is a type of forex trading network that allows traders to directly access the interbank market. It...
What is Forex Scalping
jack wei -
Forex scalping is a popular trading strategy that involves entering and exiting trades quickly in order to make small profits. This strategy is often...
What time does the forex market open
jack wei -
The Forex market is a global decentralized market for the trading of currencies. It is open 24 hours a day, 5 days a week,...
Does Taiwan use RMB
jack wei -
Taiwan does not use, but uses, new divided into old Taiwan dollar and new Taiwan dollar.The predecessor of the New Taiwan Dollar was the...