Forex Traders Portal

Next week, there will not be many important events or economic reports in the U.S. However, the market continues to pay less attention to economic indicators than one would like...

The British pound's exchange rate will also depend on geopolitics next week. On Monday, we may see significant market turmoil, as the Strait of Hormuz has been reopened for less...

A new trading week begins, and I once again emphasize the importance of geopolitics and the status of the U.S. dollar. Recall that in most cases, the primary role...

The price of gold surged after Iran reopened the Strait of Hormuz, alleviating concerns about global inflation. The weakening U.S. dollar and declining Treasury bond yields are providing additional support...

The wave structure on the 4-hour chart for EUR/USD has changed. There is still no question of canceling the upward trend segment (lower chart), which has been in place since...

The GBP/USD pair has already risen by 400 points amid a sharp increase in the chances of reaching a stable ceasefire between Iran and the United States. The first round...

Crude oil is trading around $87.40 with a bearish bias, below the 21-day SMA and the 200-day EMA, and within a downtrend channel that has been forming since April...

The euro is trading around 1.1797, above the 21-day SMA, consolidating between 1.1770 and 1.18, indicating a possible continuation of the uptrend, though technically, signs of exhaustion are evident...

The Eagle indicator is showing a positive signal, hence gold is likely to continue rising in the coming hours. Therefore, we will use this technical analysis to buy above...

NZD/USD: The RBNZ's hawkish rhetoric (markets price in 75 basis points of tightening by year-end) and strong data from China (GDP growth 5.0%) support the kiwi, while persistent risks...