Forex

Is this a reversal pattern that I see on EUR/NZD? Can the RBNZ's hawkish announcement keep the rally going? Before we go any further, ICYMI, Yesterday's watchlist looked at the USD/CHF test of interest area ahead of the US PMI releases.…

Here at BabyPips.com we firmly believe in the fact that no trader is an island. This means that no trader can and should not go through it alone. One way to speed up your trading development is to bounce trade ideas with fellow traders.…

Who's ready to play a potential opposite trend? I am looking forward to GBP/USD testing the bottom of its descending channel before issuing US Core PCE Price Index for April. Better keep your eyes on these levels if you want a bounce or…

While luck can play a role in making big wins, being a successful forex trader is not about hitting the jackpot or achieving overnight success. How many times have you allowed yourself to get caught up in the jackpot mentality while…

It's another range-bound day for the major forex pairs so far, but we could see bigger moves during the release of US PMI numbers. Check out these inflection points I see on USD/CHF. Before we go any further, ICYMI, yesterday's watchlist…

The RBNZ is widely expected to raise interest rates again this week, so I am looking forward to that potential upside on NZD/USD. Can the pair sustain its rise after breaching above the neckline of this reversal pattern? Before checking…

AUD/JPY hits a major resistance area ahead of the first-tier data! Will we see a breakthrough today? Or will the consolidation pattern continue for another day? Let's take a look at the 1 hour AUD/JPY chart for clues! AUD/JPY for one…

We've got the Canadian CPI readings waiting! CAD/JPY could be in a big triangle move today, so it's best to keep your eyes on these inflection points. Before we move on, ICYMI, yesterday's watchlist looked at USD/JPY pulling back from its…

Whether you are an experienced forex trader or just a beginner, I am sure you have already come across some generalizations about trading. But be warned! Some of them may have some truth but these three are nothing but legends. Here are…

China, one of Australia's largest trading partners, is releasing another batch of economic data! Not only that, but the FOMC gang will be appearing all over our charts this week as a couple of the members share their political biases and…