Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | | | | | USD ended the week a net loser | U.S. data were arguably net positive this week, but it's likely traders were selling USD on the failure to get a U.S. stimulus deal done and the rising pace of COVID-19 cases and deaths. | | | | | | | | Trading term of the day: Fundamental analysis | | Fundamental analysis is a method of evaluating the intrinsic value of an asset and analyzing the factors that could influence its price in the future. Here's how it works in forex and how different it is from technical analysis. 👇 | | | | | | | | Here's what happened to the British pound last week | | Without a major catalyst, it looks like GBP moved more with broad risk sentiment over the negative economic updates from the U.K. | | | | | | | | Here's how this trader uses Ichimoku for trading | Forum member Imperator_Cat writes, "I am here to discuss the practical application of the Ichimoku Kinko Hyo indicator for you to instantaneously apply best practices with it." | | | | | | | | EUR had a great performance last week, here's why | EUR and CHF ended up as net winners, likely due to a combination of continued improving European sentiment and late week global risk aversion sentiment. Here's a recap! | | | | | | | | | | | | | |
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