Forex Traders Portal

The USD/CAD pair is showing a slight decline, as the US dollar pauses after its recent rise. The pair is partially retreating from its recent highs despite the ongoing favorable...

A contradictory picture is forming simultaneously in both the geopolitical and macroeconomic contexts. For instance, the ISM Manufacturing Index supported the dollar, while Tuesday's Eurozone inflation data has bolstered...

Markets began factoring in the odds of conflict resolution in the Middle East since the ceasefire regime commenced in April. By the third decade of May, the chances for peace...

The wave pattern on the 4-hour chart for EUR/USD has undergone some modification. There is still no indication that the upward trend segment (shown in the lower chart), which began...

For the second consecutive week, EUR/USD has been attempting to reverse in favor of the euro and resume its upward movement in line with the bullish trend originating from Imbalance...

GBP/USD declined into Bullish Imbalance 18, reacted to this pattern, formed a Bullish Engulfing candlestick pattern, and then returned to Bearish Imbalance 19. Since then, the pair has been trading...

Global financial markets are displaying cautious optimism amid signals of a possible diplomatic settlement of the Strait of Hormuz crisis. Investors are focused on a draft memorandum intended to enshrine...

Trade Review and Trading Advice for the Japanese Yen Due to low volatility, tests of the levels I identified did not occur. As a result, I ended the session without...

Trade Review and Trading Advice for the British Pound Due to low volatility, tests of the levels I identified did not occur. As a result, I ended the session without...

Trade Review and Trading Tips for the Euro The test of the 1.1643 level occurred when the MACD indicator had just begun moving below the zero line, confirming a valid...