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EURJPY Hits Target – Forecast for July 26, 2024

The EURJPY pair executed a strong bearish move yesterday, achieving the primary target of 164.75 and establishing it as a robust support level. Following...

GBPJPY Approaches Target – Forecast for July 26, 2024

The GBPJPY currency pair demonstrated a significant bearish move yesterday, approaching the primary target of 195.85. This was followed by a corrective bullish rebound,...

CHFJPY Threatens Positive Stability – Forecast for July 25, 2024

The CHFJPY currency pair has experienced several negative waves, leading it to fall below the support line of its bullish channel at 173.20. The...

EURJPY Suffers Significant Losses – Forecast for July 25, 2024

The EURJPY currency pair has yielded to prevailing negative pressures, exacerbated by persistent resistance below the 169.60 level. This bearish trend has driven the...

GBPJPY Resumes Decline – Forecast for July 25, 2024

The GBPJPY currency pair has continued its bearish trend, confirming its surrender to the negative bias with a significant drop below the previous target...

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...

EURJPY Faces Decline – Forecast for Today, July 23, 2024

The EURJPY currency pair has encountered significant resistance at the 171.60 level, preventing further bullish movement. The pair has since dropped below the 170.65...

GBPJPY Hits Target – Forecast for Today, July 23, 2024

The GBPJPY currency pair has maintained its bearish stance below the 204.40 resistance level, benefiting from additional negative momentum provided by stochastic indicators. The...

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...

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...

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