Tag: currency
How Do You Add Crude Oil to MT4?
Jennifer -
MetaTrader 4 (MT4) is one of the most popular trading platforms used by retail traders globally. While it is known primarily for Forex trading,...
What is a Bond in Forex Trading?
Jennifer -
In the world of finance, bonds and foreign exchange (forex) trading are two significant instruments that often overlap, though they operate in different markets....
CAD/JPY Price Forecast Update – October 16, 2024
Jennifer -
The CAD/JPY currency pair is currently under negative pressure, influenced by the resistance level at 109.75 and persistent negative momentum from major indicators. Recently,...
EUR/USD Price Forecast Update – October 16, 2024
Jennifer -
The EUR/USD currency pair is currently attempting to break the $1.0880 level, reinforcing expectations for the continuation of the prevailing bearish trend throughout the...
GBP/USD Forecast Update – October 16, 2024
Jennifer -
The GBP/USD currency pair is currently experiencing significant downward pressure, successfully reaching our initial target of $1.3000. The price is now attempting to break...
What Stablecoin Is Pegged to the Swiss Franc?
Jennifer -
Stablecoins have emerged as a significant category of cryptocurrency, designed to maintain price stability by pegging their value to traditional fiat currencies or commodities....
What Affects CHF Currency?
Jennifer -
The Swiss Franc (CHF) is one of the most stable and sought-after currencies in the world. It serves not only as the official currency...
What is the CHF Backed By?
Jennifer -
The Swiss Franc (CHF) is often regarded as one of the most stable and secure currencies in the world. Its reputation is not only...
GBPJPY Struggles to Confirm Breakout: Forecast for October 15, 2024
Jennifer -
The GBPJPY currency pair concluded yesterday’s trading below the 195.60 resistance level, resulting in new sideways fluctuations as it approaches the support line of...
EURJPY Shows Positive Momentum: Forecast for October 15, 2024
Jennifer -
The EURJPY currency pair is demonstrating signs of positivity, maintaining stability in recent sideways trading around the 163.00 level. The consistent support above the...
EURNZD Remains Bearish: Forecast for October 15, 2024
Jennifer -
The EURNZD currency pair continues to exhibit a bearish trend, consistently closing below the 1.8100 resistance level. The 1.7985 level has emerged as an...
What is a Put Debit Spread in Forex?
Jennifer -
In the complex world of forex trading, various strategies allow traders to manage risk and maximize potential returns. One such strategy is the put...