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AUDCAD Under Negative Pressure – Forecast for December 23, 2024

The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to a continuation of negative momentum. This resistance,...

GBP/USD Forecast Update – December 20, 2024

The GBP/USD currency pair has found solid support at the previously breached resistance of the bearish channel, which suggests the potential for a continuation...

GBPCAD Resumes Bullish Correction – Forecast for Today (18-12-2024)

The GBPCAD has resumed its bullish correction, recently surpassing the 1.8110 barrier. This move formed a double bottom pattern, reinforcing the continuation of the...

EURJPY Encounters Strong Resistance – Forecast for December 17, 2024

The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This...

EUR/JPY Forecast – December 16, 2024

The EUR/JPY pair has successfully surpassed the 161.10 resistance level last Friday, achieving additional gains by reaching...

GBP/USD Forecast – December 16, 2024

The GBP/USD pair has shown weak price action today, stabilizing around the $1.2635 level. The bearish trend...

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What are the types of forex EA trading

Types of EA Trading: 1. Trend EA Today, the most common and mature EA strategies judge trends and trades based on various index strategies.2....

What are the uses of the renminbi

1, measure the value: using RMB to measure the daily necessities, it can be more simple to judge whether there is a need to...

What are the ways to buy foreign exchange

1. Bank Banking is a relatively common channel.You need to bring your valid ID card to the bank to open the account, sign the...

What currency does Germany use

Germany now uses as.At first, Germany used the mark, which was designed and designated as the currency of the gold standard.Germany and 11 other...

What is EA Forex Automated Trading System

EA automatic trading system, also known as intelligent trading system.An automated trading system that consists of a series of software applications that operate according...

What is foreign exchange quotation

The "foreign exchange quote" is the "ratio" of two currencies.Say "foreign exchange quotes" and people think of sets of "currency pairs", such as "euro/dollar"...

What is leveraged trading

Leveraged trading is also known as deposit trading.Investors use a small amount of capital to invest several times the original amount, in order to...

What is the formation mechanism of bank exchange rate

The formation of the inter-bank foreign exchange market floating range management, banking system arrangement and bank settlement and sale of foreign exchange turnover position...

What is the forward exchange market

Forward refers to the trading market of foreign exchange pairs to be settled by both parties in the agreed currency and amount on the...

What is the definition of foreign exchange futures

A standardized contractual transaction in which both parties agree to convert one form into the other at some future time in a proportion agreed...

What is the Federal Reserve

The Federal Reserve System is a private central bank in the United States.The Federal Reserve consists of the Federal Reserve Board in Washington and...

What is the foreign exchange indicator

The index refers to the quota of foreign exchange that the foreign exchange user has the right to use according to the unified arrangement...

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