Forex Traders Portal

The EUR/USD currency pair, somewhat surprisingly, continued its downward movement on Tuesday. However, if we look at the technical picture, all questions disappear by themselves. The price has been declining...

On Monday, the EUR/USD pair posted a sharp decline to the bottom of imbalance 9, but by the end of the day it returned to its opening levels. In candlestick...

The GBP/USD pair has rebounded from the bullish imbalance 12 zone, which is a new signal for long (buy) positions. Despite last week's decline in the pound, the bullish trend...

For GBP/USD, the wave count continues to indicate the formation of an upward trend segment (bottom chart), but over the past six months it has taken on a complex corrective...

Trade Review and Trading Advice for the Japanese Yen A test of the 156.31 price level occurred at a moment when the MACD indicator was just beginning to move downward...

Trade Review and Trading Advice for the British Pound A test of the 1.3563 price level occurred at the moment when the MACD indicator was just beginning to move upward...

Trade Review and Trading Advice for the Euro A test of the 1.1725 price level occurred when the MACD indicator had already moved significantly downward from the zero line, which...

On Tuesday, the EUR/USD pair gave up its earlier gains and is trading near the 1.1713 level after rebounding from 1.1743. A downward revision of the December PMI data—the Eurozone...

A definitive break above the downtrend channel and a consolidation above 1.1750 could lead to a recovery in EUR/USD. The instrument could reach the 6/8 Murray at 1.1840...

Technically, it is reaching exhaustion levels, and a good option for opening short positions would be to wait for the price to reach the daily R1 around $4,485...