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CHF/JPY Maintains Bullish Momentum, Eyes 176.75 – Forecast for May 9, 2025
The Swiss franc continued to strengthen against the Japanese yen, with the CHF/JPY pair extending its upward trajectory to reach 175.65 during Thursday's trading...
Canadian Dollar Short-term Outlook: USD/CAD Breakout Imminent
The Canadian Dollar (CAD) has seen significant movement against the U.S. Dollar (USD), with the USD/CAD pair plunging nearly 6.9% from its yearly high,...
GBP/USD Forecast: Dollar Weakens as Growth Concerns Take Center Stage
The GBP/USD forecast suggests a pause in the dollar’s recent relief rally, as concerns about economic growth begin to overshadow temporary optimism. While the...
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EUR/USD Approaches New Highs – Analysis (21 April 2025)
The EUR/USD currency pair surged higher during recent intraday trading, reaching a key level of 1.1470 at...
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EUR/USD Price Update – April 16, 2025
The EUR/USD currency pair experienced a decline in its latest intraday trading session, following a period of...
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After breaking through the descending wedge, the AUD/USD exchange rate hit a nearly five-year low, and an oversold signal followed.
During the European session on Wednesday, the AUD/USD exchange rate ended a three-day decline and is currently...
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What Moves the Forex Market the Most?
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The foreign exchange (forex) market is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion....
How to Choose Lot Size in Forex?
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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?
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In the world of forex trading, the concept of "slot size" is crucial for both novice and experienced traders. Also referred to as position...
How to Understand Spread in Forex?
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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?
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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?
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Forex trading, also known as foreign exchange trading, offers substantial opportunities for profit in global currency markets. However, achieving consistent profitability requires strategic planning,...
What is a Good Spread for Forex?
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Forex trading, the buying and selling of currencies in the foreign exchange market, involves various costs, one of the most significant being the spread....
How Does Spread Affect Forex Trading?
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In the world of forex trading, understanding the concept of spread is crucial for any trader aiming to navigate the currency markets effectively. The...
Which Forex is Best for Day Trading?
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Forex (foreign exchange) trading is a dynamic market where traders buy and sell currency pairs with the aim of profiting from short-term price movements....
How Do Brokers Charge Spread in Forex?
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In the world of forex trading, understanding how brokers charge spread is crucial for traders aiming to optimize their trading strategies and manage costs...
What is Mini and Micro Lot Size in Forex?
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Forex trading, also known as foreign exchange trading, is the global marketplace for buying and selling currencies. One of the essential concepts every forex...
What Lot Size Should I Use as a Beginner?
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Trading in the financial markets, particularly in forex, involves making decisions that can significantly impact your financial well-being. One crucial decision for beginners is...