Forex Traders Portal

The GBP/USD currency pair surged briskly on Monday. No significant events were scheduled in either the UK or the US that day, so a typical "quiet Monday" was expected. However...

On Monday, the EUR/USD pair continued to move higher within the trend that has developed over recent weeks. The upward move is still modest but entirely consistent with the general...

There are fewer than two days left before the Federal Reserve meeting, and the market expects a 25 basis point interest rate cut. The main intrigue, however, is Jerome Powell's...

The European Union has heeded Trump's call for tariffs against China and India. Frankly, it's still hard to believe such measures will be taken, but anything is possible...

The wave pattern for GBP/USD continues to indicate the formation of a bullish impulse structure. The wave picture is almost identical to that of EUR/USD since the sole "culprit" remains...

The wave structure of the 4-hour EUR/USD chart has remained unchanged for several months, which is encouraging. Even when corrective waves form, the overall structure holds together. This makes accurate...

Trade review and tips for trading the Japanese yen The price test of 147.54 in the first half of the day occurred when the MACD indicator had already moved significantly...

Trade review and tips for trading the British pound The price test of 1.3573 occurred when the MACD indicator was just beginning to move upward from the zero line, confirming...

Trade review and tips for trading the euro The price test of 1.1738 occurred when the MACD indicator was just beginning to move upward from the zero line, confirming...

The euro was well executed today through the Mean Reversion strategy. Due to low market volatility, there was no opportunity to trade via Momentum. The decline in the eurozone trade...