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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...

EURJPY Delays Bullish Momentum – Forecast for July 18, 2024

The EURJPY pair indicated a delay in its bullish momentum as it slipped below the additional support level at 171.60, resulting in some losses...

GBPJPY Faces Significant Losses – Forecast for July 18, 2024

The GBPJPY pair encountered substantial downward pressure yesterday, initiating bearish movements after breaking below the critical support level at 240.45, resulting in considerable losses...

Copper Price Nears Target – Forecast for July 18, 2024

Copper price has continued its downward trajectory, benefiting from stochastic indicators reaching oversold levels and approaching the key support level at $4.3300. Market analysts anticipate...

Ethereum Price (ETHUSD) Forms Positive Pattern – Forecast for July 18, 2024

Ethereum price (ETHUSD) recently experienced temporary declines, testing the support base at $3360.31. Upon closer examination of the chart, it becomes evident that Ethereum...

Bitcoin Price (BTCUSD) Receives Positive Signal – Forecast for July 18, 2024

The Bitcoin price (BTCUSD) recently faced temporary downward pressure, finding support along the bullish channel's support line visible on the chart. It has since...

What is a Good Spread for Forex?

Forex trading, the buying and selling of currencies in the foreign exchange market, involves various costs, one of the most significant being the spread....

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