Friday, August 28, 2020

๐Ÿ˜„ 7 Personality Quizzes to Help You Find Your Trading Niche | Here’s What Happened to JPY and NZD This Week

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
August 28, 2020
NZD is this week's top performing currency
Thanks to positive risk sentiment, counter currency weakness, and positive pandemic-related headlines, the Kiwi had a stellar run this past week. Here's a recap!
Trading term of the day: Breakout
A breakout is when the price moves above a resistance level or moves below a support level. Here's how it looks like and how you can trade it.
Here's what happened to the yen this week
The Japanese yen was under pressure from the start, likely on net negative updates from Japan and broad risk sentiment drifting positive all week. 
A quick look at how the major pairs performed this week

Uh oh. Looks like USD didn't have a good week from looking at this chart. NZD/USD meanwhile took the top spot with USD/JPY at the bottom of the list. Take a closer look here:

7 personality quizzes to help you find your trading niche

A quick and easy way to get to know yourself better and find your trading niche is by taking personality quizzes. Here are seven quizzes you can take!

New to trading and not quite sure what to expect? Read this.

Pipcrawler put together a post back in 2008 about setting newbie expectations on the process of becoming a trader. If you're looking for a quick trading motivation read, this is a good pick!

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