Wednesday, August 26, 2020

🔥 EUR/CAD, GBP/JPY, and USD/JPY Trade Ideas | “What is the Most Overrated Trading Indicator?”

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
August 26, 2020
Trading today? Read this first.
Pip Diddy has spotted interesting momentum in EUR/CAD. Can the pair the next support level or is the a short-term opportunity for the bulls? Here's what he'll be on the lookout for today.
Trading opportunities on GBP/JPY and AUD/CAD
Big Pippin's looking at GBP/JPY's resistance level that's still intact as well as a reversal opportunity on AUD/CAD! See if you can make pips off these two setups.
Pipcrawler adjusts his USD/JPY trade
With an upcoming potential USD catalyst, Pipcrawler adjusts his trade to take advantage in case the market plays out in his favor. Here's what he's going to be doing!
NZD/USD's most volatile trading days

According to MarketMilk™, Wednesdays and Thursdays are NZD/USD's most volatile trading days as of the last 30 days! It moves an average of 60.7 pips. Check it:

This week's crypto price analysis

A lack of market-moving catalysts encouraged profit-taking and pulled the major cryptocurrencies from their key resistance levels this week. Here are the pairs locked inside interesting chart patterns!

"What is the most overrated indicator?"

Forum member naruto98 asks, "What do you think is the most overrated indicator?" Quite a few interesting answers have already popped up. Check them out in this forum discussion!

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