Forex Traders Portal

The GBP/USD pair declined for four consecutive trading days. As a result of this sell-off, the bears reached imbalance zone 18, which represents a bullish pattern. Therefore, unless new negative...

The test of the 159.07 price level occurred when the MACD indicator had just started moving upward from the zero line, confirming a valid entry point for buying the dollar...

The test of the 1.3397 price level occurred when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling the pound...

The test of the 1.1634 price level occurred when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling the euro...

Today, both the euro and the pound were traded using the Momentum strategy, but no significant movements developed. I did not trade anything using the Mean Reversion strategy. The optimism...

The US equity market faced a notable correction. The benchmark S&P 500 lost ground amid renewed concerns about accelerating inflation. The primary driver of the sell-off was a sharp rise...

The pound should arguably have fallen more sharply after the latest UK labor market figures, but it did not. There are reasons for that, and they point to what comes...

Doing the same thing over and over while expecting a different result is called madness. Donald Trump first demanded regime change in Iran, then total capitulation. Now, the US president...

The pound opened the week with a modest corrective gain after political tensions in the United Kingdom eased following the Conservatives' unexpected election setback and after the US president announced...

While Bitcoin and Ethereum are still trying to find a direction, the Trump administration is preparing to take one of the most radical regulatory steps in the history...