Tag: USD
GBP/USD Forecast: Caution Advised as Price Tests Key Resistance
Jennifer -
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
Jennifer -
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
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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
Jennifer -
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
Jennifer -
Ethereum (ETH/USD) continues its upward momentum, surpassing the $3,700 mark and approaching the first key target at $3,740. The cryptocurrency is benefiting from strong...
USDJPY Declines Again – Price Forecast for December 3, 2024
Jennifer -
The USDJPY price struggled to maintain its position above the 150.20 level, moving into a bearish phase and reaching 149.00. This shift places the...
GBPUSD Breaks Minor Support – Price Forecast for December 3, 2024
Jennifer -
The GBPUSD price showed notable bearish movement yesterday, successfully breaking through the 1.2655$ support level and maintaining its position below it. This reinforces expectations...
USDCAD Reaches First Target – Price Forecast for December 3, 2024
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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
Jennifer -
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
Jennifer -
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?
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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?
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Lot size in forex trading refers to the amount of currency being traded in a transaction. Understanding lot size is crucial for traders as...