Forex Traders Portal

There are very few macroeconomic reports scheduled for Friday. In the US, the University of Michigan consumer sentiment index will be released, while in the UK, the retail sales report...

The GBP/USD pair continued its weak downward movement on Thursday, pressured by the geopolitical situation in the Middle East. It is important to remember that the situation in the Middle...

The EUR/USD currency pair traded "neither fish nor fowl" on Thursday. A weak downward movement within a weak upward trend continued throughout the day. There was a lack of macroeconomic...

The GBP/USD currency pair also traded lower on Thursday. It cannot be said that the downward trend has fully resumed, but the GBP/USD pair is still sliding. Given that...

The EUR/USD currency pair plunged again on Thursday. In essence, the upward correction lasted only a week, during which the euro failed to show any significant growth that could spark...

The GBP/USD currency pair continued its sluggish downward movement towards the trend line on Thursday. The upward trend has once again failed, as the British pound has not shown...

The EUR/USD currency pair declined further on Thursday and ultimately approached the ascending trend line and the important Senkou Span B line. A breakout of these two lines today would...

From a technical perspective, the short-term trend is moderately bearish, as the XAU/USD pair has not been able to break above the $4,550 level, near which the 100-day simple moving...

Gold (XAU/USD) is experiencing a sharp decline of nearly 2.5%, as rising oil prices, amid uncertainties surrounding the deal between the US and Iran, amplify inflation risks and support...

On Thursday, the GBP/USD pair remains under pressure amid geopolitical uncertainty over the escalation in the Middle East. In light of President Donald Trump's escalating rhetoric towards Iran, the market...