Forex Traders Portal

Despite the significant gap between the agreement between Iran and the US, markets continue to hope for the best. In my opinion, the most positive fact is the absence...

Bitcoin takes two steps forward and one step backward. The cryptocurrency is sensitive to changes in global risk appetite and to events in the Middle East and the US. Congress...

While oil is racing against time, EUR/USD continues to rise. Morgan Stanley coined the phrase that clearly describes the situation in the oil market. Despite the scale of the crisis...

The GBP/USD pair has once again reversed in favor of the pound and resumed its upward movement, fully in line with the current technical picture. Last week, price reacted...

The EUR/USD pair reversed in favor of the euro and began a new upward movement. Unfortunately, this occurred without testing the nearest bullish pattern. However, after zooming in and taking...

The wave pattern for GBP/USD continues to indicate the formation of a bullish trend segment (lower chart), while in the short term the structure that was initially interpreted as corrective...

The wave pattern on the 4-hour chart for EUR/USD has changed somewhat. There is still no indication of a cancellation of the bullish trend segment (shown in the lower chart)...

Trade Analysis and Trading Advice for the Japanese Yen No tests of the levels I identified occurred in the first half of the day, so I remained without trades. Meanwhile...

Trade Analysis and Trading Advice for the British Pound A price test at 1.3590 occurred at the moment when the MACD indicator had just started moving upward from the zero...

Trade Review and Trading Advice for the Euro A price test at 1.1762 occurred at the moment when the MACD indicator had just started moving upward from the zero line...