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What Is a Reasonable Spread in Forex?

Understanding spreads is crucial for any forex trader. The spread, defined as the difference between the bid price (the price at which you can...

How to Avoid Spreads in Forex?

Forex trading, also known as foreign exchange trading, involves the buying and selling of currency pairs in a global marketplace. While the potential for...

EUR/JPY Forecast Update – October 10, 2024

The EUR/JPY currency pair has gained positive momentum, with the stochastic indicator remaining stable in overbought territory. The pair has rallied above the 55-period...

EURNZD Price Forecast Update – October 10, 2024

The EURNZD pair has recently touched the 1.8078 level, repeatedly testing a significant resistance level on the chart, before quickly retreating to 1.7960. The ongoing...

EUR/USD Price Forecast Update – October 10, 2024

The EUR/USD pair has successfully broken the $1.0940 level, closing the last four-hour candlestick below this mark. This development reinforces the expectation of a...

What Currency Should I Trade During the Tokyo Session?

The Tokyo session is one of the most crucial trading sessions in the Forex market, known for its unique characteristics and trading opportunities. Traders...

What Correlates with GBP/JPY?

The GBP/JPY currency pair, representing the British pound against the Japanese yen, is one of the most actively traded pairs in the foreign exchange...

Is the Euro Stronger Than the Dollar in 2024?

The exchange rate between the euro (EUR) and the US dollar (USD) is one of the most closely monitored financial indicators in the world....

Which Currency Is Very Powerful?

In the world of finance, the concept of currency strength plays a crucial role in international trade, investment strategies, and economic stability. Currency strength...

How Many Dollars is 1 Lot in Forex?

In the world of Forex trading, understanding the concept of "lot" is fundamental for traders to effectively manage their investments and risk. A lot...

What is the Best Lot Size for Forex?

Forex trading, the global exchange of currencies, has become increasingly popular among individual investors and traders. However, with the potential for significant profits comes...

What is the Strongest Global Currency?

In the complex world of international finance, currency strength is a key indicator of economic health and stability. The strength of a currency affects...

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