Forex Traders Portal

On the hourly chart, the GBP/USD pair continued trading on Friday around the 1.3177–1.3199 level. There was no clear rebound or breakout of this zone, and trader activity dropped...

Last Friday, the US dollar surged after reports that payrolls resumed growth in March and the unemployment rate unexpectedly fell. According to Bureau of Labor Statistics data released Friday, nonfarm...

Despite oil prices stabilizing as traders reacted strongly to media reports of a desire for a ceasefire in the Middle East, the situation in the energy market remains fundamentally unchanged...

Bitcoin has returned to the $69,000 level, even though Trump may begin massive strikes on Iranian territory tomorrow. The fact has not deterred buyers of Ethereum either. This situation stems...

Yesterday, equity indices closed mixed. The S&P 500 rose by 0.11%, while the Nasdaq 100 jumped by 0.18%. The Dow Jones Industrial Average slipped by 0.13%. Last Friday, markets were...

The tests of the levels I noted did not occur in the afternoon, so I was left without any trades. Last Friday saw the US dollar rise, but there were...

The test of the price at 1.3220 occurred when the MACD indicator was just beginning its downward move from the zero mark, confirming a valid entry point for selling...

The test of the price at 1.1535 occurred when the MACD indicator was just starting to move down from the zero mark, confirming a correct entry point for selling...

The dollar gained everything it could on Friday against the euro, the pound, and other risk assets, aided by strong US labor market data. The unemployment rate...

There are very few macroeconomic reports scheduled for Monday. Essentially, the only notable release is the ISM Services Index for the US for March. Regardless of what this index shows...