Forex Traders Portal

AUDUSD is approaching its resistance at 0.73207 in line with our 78.6% Fibonacci retracement level, where it could potentially drop even further to our support level at 0.72906 in line...

An excellent signal to buy the pound appeared yesterday afternoon after support at 1.3378 was updated, but it was not realized. Let's figure it out. If you look...

The pound is eager to move to new peaks. This is supported by different factors such as hopes for the early appearance of COVID-19 vaccines, positive outcome on Brexit...

Crypto Industry Outlook: PayPal's CEO believes that cryptocurrencies are on the verge of widespread adoption as more and more businesses and consumers are using "digital payments and digital forms...

Crypto Industry Outlook: Ethereum 2.0 needed at least 16,384 validators who blocked a total of 524,288 ETH in order to run the blockchain in the proof of stake consensus. Yesterday...

Weak economic reports from Europe limited the upward potential of the European currency. To add to that, the data on the US economy came out very strong yesterday, thereby hitting...

Technical Market Outlook: The recent rally on the EUR/USD has been capped at the level of 1.1905 and the pair keeps trading in a narrow zone located between the level...

Technical Market Outlook: The GPB/USD rally has been capped after the Bearish Engulfing candlestick pattern occurred on H4 time frame chart at the level of 1.3395. The market made...

But before talking about the pair's prospects, let's look at what happened in the futures market and how the COT positions changed. Last week kept the market in equilibrium...

Yesterday, the pair moved up and tested the historical resistance level at 1.3393 (blue dotted line) and then went down and closed at 1.3321. Today, the upward movement may continue...