Tag: EUR
EUR/JPY Gains Positive Momentum: Forecast for September 24, 2024
Jennifer -
The EUR/JPY currency pair is currently experiencing positive momentum, supported by stochastic stability above the 20 level and the 55-day moving average (MA55) providing...
EUR/JPY Forecast: September 23, 2024 – EUR/JPY Outlook
Jennifer -
The EUR/JPY pair continues its upward trajectory, having surpassed the target of 160.25 and now fluctuating near 161.00. Major indicators are providing positive momentum,...
What Causes High Spread in Forex?
Jennifer -
In the world of forex trading, the spread is a crucial concept that every trader must understand. The spread refers to the difference between...
EURUSD Price Forecast Update: September 20, 2024
Jennifer -
The EURUSD pair is exhibiting new positive trades, indicating the need for momentum to sustain its upward trajectory. Our initial target is set at...
How Do You Avoid High Spread in Forex?
Jennifer -
In the dynamic world of foreign exchange (Forex) trading, the spread—the difference between the bid and ask price—plays a crucial role in determining the...
EURUSD Price Forecast Update – September 19, 2024
Jennifer -
The EURUSD price is showing strong positive momentum, having surpassed the $1.1100 level. This movement supports the expectation of advancing towards our target of...
EUR/JPY Maintains Negative Outlook – Forecast for September 18, 2024
Jennifer -
The EUR/JPY currency pair has exhibited mixed trading recently, but its inability to gain momentum while remaining below the 158.00 barrier suggests a continuation...
How Many Lots Is 1000 in Forex?
Jennifer -
When trading in the forex market, one of the first things new traders must learn is how to size their trades appropriately. The concept...
What is the Most Effective Currency?
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The concept of an "effective currency" encompasses a wide range of factors, including economic stability, global influence, liquidity, and utility in international trade. Currencies...
What is the Size of the Forex Market?
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The foreign exchange (forex) market is the largest and most liquid financial market in the world, offering a platform for the exchange of currencies....
What Does Size Mean in Forex?
Jennifer -
In the world of forex trading, the term “size” plays a critical role in determining the scale of a trader's position and how it...
What is a 0.10 Lot Size in Forex?
Jennifer -
When trading in the foreign exchange (forex) market, one of the most important concepts that every trader needs to understand is the "lot size."...