Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | | | | | What to expect from USD in the coming days | | This week, eyes will be on Fed Chairman Powell for clues on the next step in monetary policymaking. Meanwhile, Congress is no closer to making a deal than it was weeks ago. | | | | | | | | "I'm testing an ultra-simple day trading strategy." | | Forum member tommor writes, "Its the simplest strategy. It relies on following the major trends on D1 charts of the major pairs through the London session." | | | | | | | | NZD this week: Retail and trade in focus | | Rate cut speculations and negative risk sentiment did not do the Kiwi favors last week. Can this week’s potential catalysts turn things around for the comdoll? | | | | | | | | USD/CAD's trading range hitting all-time lows | Using MarketMilk's Trading Range tool, we can see USD/CAD has been trading at the lowest end of its range for the 3-month, 6-month, and 1-year time period. Check it:
 | | | | | | | | EUR & CHF Weekly Forecast – Second Wave Prospects Eyed | | Will the euro and franc continue to lose their shine against their major counterparts this week? Here are potential catalysts to watch in the next few days. | | | | | | | | Today's Featured Pair: EUR/JPY | A very quiet start to the week for the currency markets, but we may have a solid short-term setup in EUR/JPY ahead of economic sentiment updats from Germany. | | | | | | | | | | | | | |
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