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GBP/USD Forecast: Caution Advised as Price Tests Key Resistance

The GBP/USD pair has shown clear upward momentum, approaching the key resistance level at $1.2735 on December 5, 2024. A breakout above this level...

AUD/USD Price Forecast Update – 4th December 2024

The AUD/USD pair has seen further negative movement, approaching the $0.6400 mark, which strengthens expectations of the continuation of the bearish trend in the...

NZD/USD Price Forecast Update – 4th December 2024

The NZD/USD pair is exhibiting a continued bearish bias, reinforcing expectations that the downward trend will persist on the intraday chart. The next key...

Bitcoin Price Forecast Update – 4th December 2024

Bitcoin (BTC/USD) has shown renewed positive momentum, nearing the $97,000 mark and strengthening expectations of further gains in the coming sessions. The next targets...

Ethereum Price Forecast Update – 4th December 2024

Ethereum (ETH/USD) continues its upward momentum, surpassing the $3,700 mark and approaching the first key target at $3,740. The cryptocurrency is benefiting from strong...

USDJPY Declines Again – Price Forecast for December 3, 2024

The USDJPY price struggled to maintain its position above the 150.20 level, moving into a bearish phase and reaching 149.00. This shift places the...

GBPUSD Breaks Minor Support – Price Forecast for December 3, 2024

The GBPUSD price showed notable bearish movement yesterday, successfully breaking through the 1.2655$ support level and maintaining its position below it. This reinforces expectations...

USDCAD Reaches First Target – Price Forecast for December 3, 2024

The USDCAD price saw positive movement yesterday, reaching the 1.4080$ level. It found solid support at the broken bullish channel support, now rising to...

Bitcoin Price (BTCUSD) Attempts Recovery – Price Forecast for December 3, 2024

Bitcoin (BTCUSD) reached the first negative target outlined in our previous report at $94,655, but the price has since rebounded with bullish momentum, signaling...

Bitcoin Price (BTCUSD) Requires Additional Positive Momentum – Forecast for December 2, 2024

Bitcoin (BTCUSD) is showing a bearish bias at the start of today’s session, testing the support line of its bullish channel. This move is...

What is the Ideal Spread in Forex?

In the world of forex trading, one of the key factors that traders must consider when entering the market is the spread. The spread...

What is a Lot Size in Forex?

Lot size in forex trading refers to the amount of currency being traded in a transaction. Understanding lot size is crucial for traders as...

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