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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 forex day trading
jack wei -
Forex day trading is a popular method of trading in the foreign exchange market where traders aim to profit from small price movements within...
What time does forex market open on sunday
jack wei -
The foreign exchange market, also known as the forex market, is a decentralized market where currencies are traded around the clock. The forex market...
What is an fx account
jack wei -
An FX (Foreign Exchange) account is a financial account that allows individuals and businesses to hold foreign currencies and trade them against each other....
What are safe havens and risky currencies
jack wei -
Havens include,, and.Here are some reasons why they are considered safe haven currencies: One.The U.S. dollar is the largest player in the world bond...
What are the characteristics of foreign exchange margin
jack wei -
1. Huge trading volume, with daily trading volume of more than 6 trillion dollars, more than 30 times that of the global stock market;2,...
What are the main foreign exchange indicators
jack wei -
Main indicators: 1. RSI Index RSI index is the relative strength index (RSI), which reflects the power contrast between the long and short sides...
What is spread forex
jack wei -
Forex trading, also known as foreign exchange trading, is the practice of buying and selling currencies to profit from the fluctuations in their exchange...
What is CFD?
jack wei -
CFD, or Contract for Difference, is a popular derivative trading instrument used in the foreign exchange (forex) market. CFD trading allows traders to speculate...
What times do forex markets open
jack wei -
The Forex market, also known as the foreign exchange market, is a decentralized global marketplace where currencies are traded. With a daily trading volume...
What is forex trading
jack wei -
Forex trading, also known as foreign exchange trading or simply FX trading, is the practice of buying and selling currencies from different countries. The...
What are the pricing methods for foreign exchange rates
jack wei -
1. Direct pricing method, also known as price pricing method, is a method of expressing a certain unit of foreign currency in the country.Generally,...
What are the types of forex EA trading
jack wei -
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....