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Forex Trading Blog Updates
Another week of yen domination was the main theme this week. Aside from that, broad-based euro weakness was also a major theme. So, what was driving forex price action on these currencies? And how did the other currencies perform this week?
We here at BabyPips.com have always stressed the importance of deliberate practice to improve your forex skills. Let’s take a look at 4 possible factors that could sabotage your process.
Let's close out this weeks's final intraday charts update with a couple of fresh setups for the euro. Specifically, I've got a couple of fresh triangles for EUR/CAD and EUR/NZD that y'all may wanna check out.
Forex traders were apparently taking cues from the risk-off vibes during today's morning London session, since the higher-yielding Aussie and Kiwi got torpedoed. Meanwhile, the safe-haven yen and Swissy were in high demand.
Back in 2014, Scotland has voted “remain” in a U.K. referendum. Has Brexit changed the Scots’ minds? More importantly, will it lead to another Scottish referendum anytime soon?
Ho hum. It was a directionless trading session for forex traders, as a lack of fresh catalysts inspired market players to cherry pick their positions.
Hey forex folks, I'm pleased to announce that the Inside Bar Momentum Strategy caught a couple of winning trades in the past few days! If this is the first time you're reading about this, I suggest you take a look at the system rules first.
I'm keeping it simple with this AUD/NZD long-term range resistance bounce off 1.0700. Think it's got enough bearish momentum to head back to the bottom?
Dollar bears were at it again as the "Trumphoria" started to fade on U.S. Treasury Secretary Mnuchin's remarks. Pound bulls, on the other hand, continued to charge.
Welcome to the last trading day of the week, brothas! End the week strong with these hot forex trade setups on EUR/USD and AUD/CAD. Check it!
Since putting on my short position in GBP/NZD, my fundamental bias & the technicals have changed enough to close out. Here's a quick forex trade review.
Yo! It's all about the Swissy in today's intraday charts update, since we'll be checking up on how our old setups for CAD/CHF and GBP/CHF fared. We'll then try to see if we can find fresh plays for today.
Price action was rather choppy during the session, with many pairs milling about in tight ranges. The Greenback did get kicked broadly lower late into the session, though. The safe-haven yen, meanwhile, was well-supported throughout the session.
Hello, forex friends! The minutes of the Fed's February huddle got released yesterday. And if you somehow missed it, then here are the key highlights from the meeting minutes that you need to know about, as well as the Greenback's reaction.
A lack of economic catalysts turned forex players' attention to Australia's CAPEX report and the Fed's latest meeting minutes. Which currency do you think was the biggest mover during the session?
With all the political and financial uncertainty in the euro zone these days, I can't help but look at another potential short EUR position. Here's a neat technical setup I'm seeing on EUR/JPY.
Who's up for a couple of short-term trends today? I hope you are, because I've got hot forex trade opportunities on USD/CHF and AUD/USD that you wouldn't want to miss!
Rally and reverse! The U.S. dollar was off to a good start but was unable to hold on to its lead when the FOMC minutes didn't seem all that hawkish.
Whether it’s in sports, a career, or life in general, I think very few people understand the amount of dedication that successful people have to achieve what they accomplished.
Unfortunately I didn't get any valid signals today which forced me on the sidelines. See how it all went down in today's Cowabunga Surf Report.