Forex Traders Portal

The GBP/USD currency pair traded in a narrow range and showed low volatility on Wednesday. Thus, we maintain the view that the pair is simply undergoing a technical correction...

The EUR/USD currency pair traded with low volatility and a slight downward corrective bias on Wednesday. Traders continue to ignore the macroeconomic backdrop. Even if there is a market reaction...

The GBP/USD currency pair attempted another downward correction on Wednesday, but it has actually been trading in a sideways channel between 1.3480 and 1.3588 for a week. The area between...

The EUR/USD currency pair continued its downward corrective movement on Wednesday. Volatility has remained quite low for several days, and the pair's decline is purely technical. However, it cannot...

The U.S. naval blockade and stalled peace talks continue to sustain a high level of geopolitical risk. Elevated oil prices and the Federal Reserve's forecasts support the U.S. dollar, limiting...

As I have said many times, freezing the conflict in the Middle East under current conditions is, in practice, the best of the realistic options. I am not inclined...

The second round of negotiations between Iran and the US has failed to take place for the fifth consecutive day. No one currently understands when Iranian and American diplomats will...

Last week, reports in the Japanese press indicated that the Bank of Japan is not particularly prepared to raise rates at its April 28 meeting. In particular, it has been...

Negotiations have failed, and the Strait of Hormuz is blocked. The US and Iran are accusing each other of hijacking tankers. And the euro is not going to drop below...

The wave pattern on the 4-hour chart for EUR/USD has changed somewhat. There is still no talk of canceling the upward trend segment (lower chart), which began in January last...