Forex Traders Portal

Today's renewed breakout above the 50-day SMA, as well as the move beyond horizontal resistance at 147.50 and the round level of 148.00, favors the bulls. Moreover, oscillators...

The wave pattern on the 4-hour chart for EUR/USD has remained unchanged for several months, which is very encouraging. Even when corrective waves form, the structure's integrity is preserved, allowing...

On Friday, the Canadian dollar is gaining against the US dollar, with the USD/CAD pair halting its two-day advance and paring earlier intraday losses, despite a stronger US dollar...

First and foremost, the wave structure should be considered. Does it show signs of a trend reversal? The answer is simple – no. The British pound has formed another five-wave...

The UK is once again sinking under the weight of economic and financial troubles. Recall that the "British drama" began in 2016, when by a margin of several percentage points...

Trade review and tips for trading the Japanese yen The price test of 147.69 in the first half of the day occurred when the MACD indicator had just started moving...

Trade review and tips for trading the British pound The price test of 1.3524 occurred when the MACD indicator had just started moving downward from the zero mark, confirming...

Trade review and tips for trading the euro The first test of 1.1768 occurred when the MACD indicator had already moved far below zero, which limited the pair's downward potential...

Today, I tried trading the euro and the Australian dollar using the Mean Reversion strategy. With Momentum, I traded only the British pound, for which important data was released. News...

The largest US stock indices closed the trading session at new historical highs. This significant growth was driven by two powerful factors. First, the Federal Reserve decided to lower...