Forex Traders Portal

Bullish oil prospects, a stabilizing labor market, and a pick-up in US inflation — what more is needed to strengthen the greenback? The US dollar should benefit from high demand...

On Wednesday, gold (XAU/USD) is showing moderately negative dynamics, attempting to hold above the psychological $4,700 level, though without clear dominance from sellers. US inflation data published on Tuesday exceeded...

The test of the 157.76 price level occurred when the MACD indicator was just beginning to move upward from the zero mark, confirming a valid entry point for buying...

The test of the 1.3531 price level occurred when the MACD indicator was just beginning to move downward from the zero mark, confirming a valid entry point for selling...

The test of the 1.1731 price level occurred when the MACD indicator was just beginning to move downward from the zero mark, confirming a valid entry point for selling...

Today, only the Canadian dollar was traded using the Mean Reversion strategy, but it never developed into a proper reversal movement. Through the Momentum strategy, I traded the British pound...

The EUR/USD pair continued its downward movement on Tuesday after rebounding from the 1.1786 level. The pair consolidated below the 50.0% Fibonacci retracement level at 1.1745, which allows for expectations...

On the hourly chart, the GBP/USD pair continued to fall on Tuesday and reached the support level of 1.3513–1.3526, which can be considered the lower boundary of the horizontal channel...

The latest monthly NAB survey showed a deterioration in business activity in Australia. In April, companies' input costs rose 4.5% (quarter-on-quarter), notably outpacing the increase in output prices (1.8%). That...

Since the previous report, there have been no significant domestic events in New Zealand that could materially affect the market. The Reserve Bank of New Zealand (RBNZ) published its Financial...