FOREX
HomeFOREX
ATFX foreign exchange market: AUDUSD fell below 0.6 under the impact of Trump’s policies
Macro aspect: The US dollar is in a weak cycle, and most non-US currencies are appreciating. For example, EURUSD has broken through the 1.1000 mark,...
EURCHF Faces Strong Resistance: Bearish Trend Expected – Forecast for March 13, 2025
The EURCHF pair recently concluded a bullish rally, reaching the 61.8% Fibonacci retracement level at 0.9650, where it encountered significant resistance. This resistance has...
GBP/CHF Approaches Key Resistance Level – March 6, 2025 Forecast
The GBP/CHF currency pair witnessed a strong bullish rally on Wednesday, capitalizing on sustained consolidation within a minor bullish channel. The pair successfully surpassed...
Jennifer -
GBPCAD Achieves Significant Gains – Market Forecast for March 4, 2025
The GBPCAD currency pair has shown notable strength, benefiting from positive factors such as its position within...
Jennifer -
GBPCHF Forms Bullish Channel, Poised for Further Gains – February 27, 2025 Forecast
The GBPCHF currency pair has recently established a minor bullish channel, with the price currently holding steady...
Jennifer -
EURCHF Remains Above Key Support Level – Market Forecast for February 24, 2025
The EURCHF currency pair has recently experienced downward pressure but has managed to maintain positive momentum, closing...
Jennifer -
Explore more
What is foreign exchange quotation
jack wei -
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
jack wei -
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
jack wei -
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
jack wei -
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
jack wei -
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
jack wei -
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
jack wei -
The index refers to the quota of foreign exchange that the foreign exchange user has the right to use according to the unified arrangement...
What is the foreign exchange reserve
jack wei -
An asset held by a country or economy and readily convertible to another country, usually calculated in terms of.They are also known as reserves,...
What is the number of RMB now
jack wei -
This is the fifth set.On October 1, 1999, on the occasion of the 50th anniversary of the founding of the People's Republic of China,...
What is the RBA
jack wei -
The RBA is Australia's central bank, known as the Reserve Bank of Australia, which is wholly owned by the Australian government.The Reserve Bank of...
What is the symbol of RMB
jack wei -
For selections.The writing order is as follows: write the capital letter "Y" first, and then add two horizontal lines on the vertical, that is...
What is the unit of account for foreign exchange
jack wei -
The point or basis point (PIP) is the important unit of account for a quote, with 1 point being 1% of the minimum unit...