Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
| | | AUD took the top spot this week | Traders focused more on the improving economic updates over the pandemic worsening in Australia. Here's Pip Diddy's recap. | | | | | Trading term of the day: Gap | In this forexpedia entry, we talk about what a gap is, how they happen, and what the four types of gaps are. | | | | | How CAD outperformed most of the majors this past week | Positive Canadian economic updates outweighed negative risk sentiment this past week. Here's Pip Diddy with a recap. | | | | | A snapshot of how the major pairs performed last week | Which major pair took the top spot this past week? Which one was the biggest loser? Here's a look using MarketMilk™: | | | | | Here's what happened to EUR and CHF this past week | It was an overall positive week for both EUR and CHF, likely supported by a round of net positive economic and sentiment updates from Europe. Here's a list of events that moved these two currencies this past week. | | | | | Don't let overconfidence chip away at your profits | Overconfident traders usually get in trouble by trading larger position sizes than they’re used to, jumping in again in the same direction after getting stopped out, or overtrading. | | | | | | | | | |
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