Forex Traders Portal

Only the pound was traded today using the Mean Reversion strategy. I did not trade anything through Momentum. Despite weak German data, the euro had no issues continuing its rise...

For GBP/USD, the wave pattern continues to indicate the formation of a bullish impulsive wave structure. The wave picture is almost identical to EUR/USD, as the only real driver remains...

Trade review and tips on trading the Japanese yen Due to low market volatility, the outlined levels were not tested in the first half of the day, so I remained...

Trade review and tips on trading the British pound The price test of 1.3462 occurred when the MACD indicator was just beginning to rise from the zero line, confirming...

Trade review and tips on trading the European currency The price test of 1.1676 coincided with the MACD indicator already being well above the zero line, which limited the pair's...

The USD/CAD pair continues to decline from the weekly high near 1.3850. Current quotes appear to have ended a four-day period of gains and are now trading slightly below...

Market participants expect that weak US jobs data may force the Federal Reserve to cut rates. However, if the report turns out worse than forecast, it could create the impression...

On Thursday, the EUR/USD pair rebounded from the support zone at 1.1637–1.1645, turned in favor of the European currency, and resumed its rise toward the 76.4% retracement level at 1.1695...

On the hourly chart, the GBP/USD pair on Thursday made two rebounds from the support zone at 1.3416–1.3425, turned in favor of the pound, and started a new rise toward...

Gold has been unable to benefit from its modest overnight gains, as traders prefer to refrain from opening new positions ahead of the release of the monthly U.S. employment data...