Forex Traders Portal

Recent repeated failures to overcome resistance around 154.50, along with a break below the support level at 153.30–153.25 (previously resistance), confirm the likelihood of further downside movement in the USD/JPY...

For GBP/USD, the wave structure continues to indicate the formation of an upward trend segment (see lower chart), although in recent weeks it has taken on a complex and ambiguous...

The wave pattern on the 4-hour EUR/USD chart has changed — unfortunately, not for the better. It's still too early to conclude that the upward segment of the trend...

The AUD/JPY pair is attempting to recover from the round level of 99.00. However, the fundamental backdrop remains tilted in favor of the bears, suggesting a higher likelihood of continued...

Trade analysis and advice on trading the Japanese yen No tests of the key levels I outlined occurred during the first half of the day, and the pair's volatility left...

Trade analysis and advice on trading the British pound The test of the 1.3104 level occurred when the MACD indicator had already moved significantly below the zero line, which limited...

Trade analysis and advice on trading the European currency The test of the 1.1541 level occurred when the MACD indicator had already moved significantly above the zero line, which limited...

The outlook remains positive for gold as it is technically showing oversold levels. The price is likely to reach the key level of 4,110 in the coming days in order...

The Euro could continue its rise in the coming days until it reaches the 200 EMA around 1.1615. EUR/USD could even reach 8/8 Murray around 1.1718 and could even cover...

The eagle indicator is producing a bearish signal. In case BTC consolidates below the 21 SMA located around $115,000, crypto will remain under bearish pressure. It is likely that...