Forex Traders Portal

The wave structure of GBP/USD continues to indicate the formation of an upward trend, but over the past few weeks, it has taken on a complex and ambiguous shape...

The wave pattern of the 4-hour chart for EUR/USD has changed — unfortunately, not for the better. It's still too early to conclude that the upward section of the trend...

From a technical perspective, yesterday's breakout of the 153.25–153.30 level — the previous monthly high — and subsequent strengthening above the round level of 154.00 are viewed as the main...

Trade Analysis and Recommendations for the Japanese Yen The price test at 154.11 occurred when the MACD indicator had just started moving upward from the zero line, confirming the correct...

Trade Analysis and Recommendations for the British Pound The price test at 1.3144 occurred when the MACD indicator had just started moving downward from the zero line, confirming the correct...

Trade Analysis and Recommendations for the Euro The price test at 1.1565 occurred when the MACD indicator had just started moving down from the zero line, confirming the correct entry...

For the third consecutive day, the NZD/USD pair has been trading in negative territory. Following the release of rather uninspiring official Chinese Purchasing Managers' Index (PMI) data, spot prices have...

Today, Friday, the EUR/USD pair attempted to attract buyers on the decline, breaking a two-day losing streak. The U.S. dollar continues to hold strong positions, consolidating near a monthly high...

Gold is trading around $4,025 within an uptrend channel formed on October 27th, reaching resistance levels around the 6/8 Murray level. Should the price fall to the 21SMA zone located...

The euro has left a gap around 1.1740. So, we believe that if the price breaks above 1.1630, we could expect it to reach this level in the coming days...