Forex Traders Portal

The wave pattern for GBP/USD continues to indicate the formation of an upward impulsive structure. The wave picture is almost identical to EUR/USD, as the sole "driver of the situation"...

The wave pattern on the 4-hour chart for EUR/USD has remained unchanged for several months, which is a positive sign. Even when corrective waves form, the overall structure remains intact...

If gold consolidates below the 200EMA at 3,350 in the coming hours, any technical rebound will be seen as a signal to sell, with targets at 2/8 of the Murray...

If Bitcoin consolidates above the 6/8 Murray level at 118,750, which has now become key support, in the coming hours, we could expect it to reach $120,000, a level that...

From a technical perspective, yesterday's strong rebound in USD/JPY from the 146.20 level stalled at the round figure of 148.00. Sustained gains above this level could lead to a move...

Today, Friday, USD/CHF is attracting new sellers amid the broader weakening of the U.S. dollar. The initial market reaction to Thursday's stronger-than-expected U.S. Producer Price Index was short-lived...

Trade Analysis and Recommendations for the Japanese Yen The test of 147.05 occurred when the MACD indicator had just begun moving down from the zero line, confirming a correct entry...

Trade Analysis and Recommendations for the British Pound The test of 1.3554 occurred when the MACD indicator had moved significantly above the zero line, which limited the pair's upward potential...

Trade Analysis and Recommendations for the Euro The test of 1.1675 occurred when the MACD indicator had moved significantly above the zero line, which limited the pair's upward potential...

The British pound, Australian dollar, and Canadian dollar were traded today using the Mean Reversion strategy. However, to be fair, full-scale pullbacks did not materialize. I traded the Japanese...