#forex pips

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Foreign Exchange Methods, Greatest Foreign Exchange Methods That Work For Inexperienced persons

Foreign Exchange Methods, Greatest Foreign Exchange Methods That Work For Inexperienced persons

What Are Pips or Points in Forex?

What Are Pips or Points in Forex? What Exactly Are Pips (or Points)?   The most common currency increase is called a Pip. If EUR/USD moves from 1.2250 towards 1.2251, it is called EUR/USD ONE PIP strengthening. One pip is the last decimal of a fraction. The pip is how you measure your gains and losses. Once each currency has its own value, it is necessary to calculate the value of a pip against…

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Technical analysis – GBPUSD falls without a parachute

GBPUSD Daily Chart GBPUSD sliced through some crucial support levels this week, erasing all its gains for the year. The pair rebounded off the 1.3410 support region, but there’s a series of lower highs and lower lows forming since early June. Indeed, the 50-day moving average (MA) has also crossed below the 200-day one, forming a ‘death cross’. All this points to a downtrend. The short-term…

Week ahead in forex (27-1st/10/2021 An action-packed week lies ahead. Elections in Germany will be crucial for Eurozone’s spending agenda, while Japan’s ruling party will also select its new leader. Meanwhile in China, the Evergrande fallout is unlikely to spiral out of control, but the upcoming PMIs will tell us whether it has already started to infect economic growth. There’s also a heavy dose…