Forex Traders Portal

Yesterday, equity indices finished the day mostly higher: the S&P 500 rose by 1.05%, the Nasdaq 100 gained 1.64%, and the Dow Jones added 0.69%. However, futures on the major...

Trade Review and Tips for Trading the Japanese Yen The test of the 159.63 price level occurred when the MACD indicator had just begun moving upward from the zero line...

Trade Review and Tips for Trading the British Pound The test of the 1.3486 level occurred when the MACD indicator had just begun moving downward from the zero line, confirming...

Trade Review and Tips for Trading the Euro The test of the 1.1701 price level occurred when the MACD indicator had just begun moving downward from the zero line, confirming...

Only the Canadian dollar performed very well today using the Mean Reversion strategy. I traded the yen using the Momentum strategy, but it did not deliver impressive results. Strong data...

Conflicting inflation data in the United Kingdom pressured the British currency. Although many components of the release printed in the green, traders interpreted the result as unfavorable for sterling...

Concerns about inflation are reinforcing expectations of less dovish Federal Reserve policy and putting additional pressure on the non-yielding precious metal. Fundamental factors favor bearish traders and confirm the likelihood...

Risk assets fell against the US dollar on news that ship traffic through the Strait of Hormuz on Thursday stopped completely after Iran fired on merchant vessels and claimed...

Oil prices continued to climb for a third trading session on Thursday. The rise is being supported by two factors at once: stalled peace talks between the US and Iran...

The EUR/USD pair continued its decline on Wednesday after consolidating below the 50.0% retracement level at 1.1745, heading toward the next Fibonacci level of 38.2% at 1.1666. A rebound from...