Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
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| | Thursday, June 8th | Sponsored By | | |
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| | | Today's U.S. Session Featured Pair |
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| Trading Today? Read This First. | | | NZD/CAD is clawing its way back up after yesterday's downswing! We're checking out the 15-min chart for opportunities to extend the pair's longer-term trend. | | |
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| | | | AUD's Current Trend Momentum: Very Bullish | | | Trend momentum refers to the likelihood of price continuing to move in its current direction. If a currency is in a bullish or bearish trend, is the trend gaining or losing momentum? Values above 50 indicate upward buying pressure or bullish momentum, while values below 50 indicate downward selling pressure or bearish momentum. | | |
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| | | | | WTI Crude Oil (USOIL) Still Stuck in a Range | | | WTI crude oil has been moving sideways for quite some time, and it looks like it's stuck inside an even smaller range this time. Check out these near-term inflection points on WTI crude oil. | | |
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| | | | | Is AUD/CAD Ready to Extend Its Uptrend? | | | Canada's surprise rate hike got traders selling AUD/CAD yesterday! Can the pair recoup its losses today? | | |
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| | | | Happening Tomorrow: Canada's Labor Market Update | | | Feel like trading for some last-minute pips before the week ends? Canada is printing its labor market data on Friday! Here are points you need to know if you're planning on trading the event | | |
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| | | | | "Fundamental vs. Technical Analysis: Which One Do You Use?" | | | Forum member ThaddeusFinch asks, "Do you exclusively use fundamental analysis when trading, or do you also believe in the need for technical analysis?" | | |
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 | BabyPips.com helps individual traders learn how to
trade the forex market. | We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey. |
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