Forex Traders Portal

Despite a favorable fundamental backdrop for the Aussie and an unfavorable one for the greenback, buyers of AUD/USD need to overcome the 0.6570 resistance level to sustain the upward trend...

Monday marks the first day of a new month, which means that we can expect an informative and, consequently, volatile week. December can be conditionally divided into two unequal parts...

For decades, the American dollar has been considered a reliable asset because the U.S. has consistently met its obligations. However, as debts accumulate, the cost of servicing them is rising...

The wave pattern on the EUR/USD 4-hour chart has changed, but overall it remains fairly clear. There is no talk of cancelling the upward trend segment that began in January...

For GBP/USD, the wave pattern continues to indicate the formation of an upward trend segment (bottom chart), although in recent weeks it has taken on a complex and extended form...

The European currency continues to rise against the US dollar and several other assets, as statements from European officials—particularly European Central Bank President Christine Lagarde—are still new in traders' minds...

The Japanese yen continues its confident intraday rise and has reached a two-week high against the weakening US dollar. The Japanese yen continues its confident intraday rise and has reached...

If the bearish force prevails, Bitcoin has another key support around $86,000 - $85,000. In other words, if a technical rebound occurs around this area, we could open long positions...

The euro is expected to continue rising in the coming days, as ERUR/USD is likely to reach 1.1718, where the 8/8 Murray is located. The instrument could even cover...

The S&P 500 and Nasdaq 100 indices started the week with declines following a strong rally last week. Investors are cautiously assessing the situation ahead of a series...