Forex Traders Portal

The wave pattern on the 4-hour chart for EUR/USD has changed. There is still no indication that the upward trend segment (lower chart), which began in January of last year...

The EUR/USD pair continues to move within a weak corrective pullback. It cannot be asserted that this week's news supports the bears; however, geopolitical factors are once again shifting...

The GBP/USD pair continues a mild downward movement within a corrective pullback that began after liquidity was taken from the February 26 swing and the imbalance 16 was filled...

Yesterday, equity indices finished the day mostly higher: the S&P 500 rose by 1.05%, the Nasdaq 100 gained 1.64%, and the Dow Jones added 0.69%. However, futures on the major...

Trade Review and Tips for Trading the Japanese Yen The test of the 159.63 price level occurred when the MACD indicator had just begun moving upward from the zero line...

Trade Review and Tips for Trading the British Pound The test of the 1.3486 level occurred when the MACD indicator had just begun moving downward from the zero line, confirming...

Trade Review and Tips for Trading the Euro The test of the 1.1701 price level occurred when the MACD indicator had just begun moving downward from the zero line, confirming...

Only the Canadian dollar performed very well today using the Mean Reversion strategy. I traded the yen using the Momentum strategy, but it did not deliver impressive results. Strong data...

Conflicting inflation data in the United Kingdom pressured the British currency. Although many components of the release printed in the green, traders interpreted the result as unfavorable for sterling...

Concerns about inflation are reinforcing expectations of less dovish Federal Reserve policy and putting additional pressure on the non-yielding precious metal. Fundamental factors favor bearish traders and confirm the likelihood...