Forex Traders Portal

The wave pattern on the 4-hour chart for EUR/USD has changed. There is still no indication that the upward trend segment (shown in the lower chart), which began in January...

The GBP/USD pair has made another reversal in favor of the pound and is preparing to resume its upward movement. Recall that last week, the price reacted to another bullish...

The EUR/USD pair remains within a weak corrective pullback, which cannot yet be considered complete. On Monday, it became known that Iran attacked a US destroyer in the Persian Gulf...

Canada's manufacturing business activity index jumped sharply in April to 53.3, reaching its highest level since the COVID pandemic. Output rose, and new orders grew markedly — largely a market...

The US and Iran are drawing near to signing a memorandum to end the war, but is everything really that rosy? According to reports, the White House administration believes...

Meanwhile, as Bitcoin attempts to hold above $82,000 and following a quarterly report in which Strategy recorded huge paper losses, its founder, Michael Saylor, made a statement that could change...

Trade review and trading advice for the Japanese yen The price test at 156.29 occurred at a moment when the MACD indicator had just started moving downward from the zero...

Trade review and trading advice for the British pound The price test at 1.3594 occurred at a moment when the MACD indicator had just started moving upward from the zero...

Trade review and trading advice for the euro The price test at 1.1740 occurred at a moment when the MACD indicator had just started moving downward from the zero line...

Today, the euro and the British pound were traded using the Momentum strategy. I did not use the Mean Reversion strategy. The euro and the pound reacted with strong gains...