Forex Traders Portal

On Thursday, the GBP/USD pair stalled near the psychological level of 1.3600 while attempting to recover. However, the UK economic data came out very weak, giving the British pound little...

During Wednesday, the EUR/USD pair reversed in favor of the U.S. dollar and consolidated below the 38.2% Fibonacci retracement level at 1.1889. Thus, the decline may continue today toward...

On the hourly chart, the GBP/USD pair reversed in favor of the US dollar on Wednesday and returned to the 1.3611–1.3620 support level. A rebound from this zone would favor...

Fear? Greed? Hardly! The market is experiencing true schizophrenia. Not long ago, traders believed the artificial intelligence revolution would accelerate the economy and boost corporate profits. Now, there are fears...

Yesterday, equity indices closed mixed. The S&P 500 declined by 0.01%, while the Nasdaq 100 fell by 0.16%. The Dow Jones Industrial Average also slipped by 0.13%. However, Asian indices...

Yesterday, the price of gold fell following the release of convincing data on the US labor market, which reduced expectations of an imminent Federal Reserve interest rate cut. On Thursday...

The test of the 153.45 price level occurred when the MACD indicator had already risen significantly from the zero mark, which limited the pair's upward potential. For this reason...

The test of the price at 1.3678 occurred when the MACD indicator had dropped significantly from the zero mark, which limited the pair's downward potential. For this reason...

The test of the price at 1.1907 occurred when the MACD indicator had moved significantly below the zero mark, which limited the euro's downside potential. For this reason...

Yesterday, Bitcoin declined to around $65,700 but then recovered slightly and is now trading at $67,100. Ethereum, on the other hand, remains below $2,000, indicating sustained selling pressure. Meanwhile, institutional...