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How to Identify a Strong Trend in Forex?

In the world of forex trading, identifying strong trends is crucial for making informed decisions and maximizing profits. Trends represent the general direction in...

What Moves the Forex Market the Most?

The foreign exchange (forex) market is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion....

CADJPY Exits Bullish Track – Forecast for July 24, 2024

The CADJPY currency pair has encountered significant negative pressure, fluctuating below the MA55 and with stochastic indicators showing oversold conditions. This has led to...

EURJPY Breaks Support – Forecast for July 24, 2024

The EURJPY currency pair has continued its negative trajectory, breaking below the bullish channel’s support line at 169.90. This move confirms the shift to...

GBPJPY Experiences Significant Decline – Forecast for July 24, 2024

The GBPJPY currency pair experienced a decline yesterday, settling below the 201.65 level and indicating a shift towards a bearish trend. This morning, the...

How to Choose Lot Size in Forex?

Choosing the right lot size in Forex trading is a critical decision that can significantly impact your trading performance. The lot size determines the...

What is the Slot Size in Forex?

In the world of forex trading, the concept of "slot size" is crucial for both novice and experienced traders. Also referred to as position...

What is the Benefit of Spread in Forex?

In forex trading, the term "spread" refers to the difference between the bid price and the ask price of a currency pair. This seemingly...

How to Understand Spread in Forex?

In the world of forex trading, understanding the concept of spread is crucial for making informed decisions and optimizing trading strategies. The spread, which...

Which is the Best Spread in Forex?

The spread in Forex trading is the difference between the bid and ask price of a currency pair. It represents the cost of trading...

How Do You Maximize Profit in Forex Trading?

Forex trading, also known as foreign exchange trading, offers substantial opportunities for profit in global currency markets. However, achieving consistent profitability requires strategic planning,...

NZDCAD Holds Below Resistance, Signals Bearish Outlook – Forecast for July 18, 2024

The NZDCAD price maintained its negative stance below the resistance line of the bearish channel at 0.8320, confirming a continuation of the bearish trajectory...

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