Forex Traders Portal

Very few macroeconomic reports are scheduled for Friday, as has been the case throughout the entire current week. Essentially, the only notable economic data so far was Germany's industrial production...

The GBP/USD pair also continued its downward movement on Thursday — both before and after Jerome Powell's speech, in which he said essentially nothing new. Still, the market doesn't seem...

The EUR/USD currency pair continued to decline on Thursday. This time, the drop began long before the day's only event — Jerome Powell's speech. The market started selling...

EUR/USD On Thursday, the euro declined by 64 pips, ending up more than 40 pips below the support level of 1.1605. This can be considered price consolidation below the level...

GBP/USD The British pound has settled below the support level of 1.3369. There is little remaining to reach the target level of 1.3253, which may be achieved today. A consolidation...

EUR/AUD The EUR/AUD pair continues its steady movement within a descending price channel. Yesterday, the pair attempted to break below the median line of this channel. The consistent downward slope...

The GBP/USD currency pair continued its downward movement on Thursday, once again, without any clear fundamental basis. In previous articles, we've repeatedly pointed out the irrational nature of this ongoing...

The EUR/USD currency pair continued a mild downward movement throughout Thursday, still largely unfounded from a fundamental perspective. To recap, the U.S. dollar currently has far more new bearish factors...

The GBP/USD currency pair continued its steady decline on Thursday. Interestingly, the drop didn't start after Jerome Powell's speech — the only major event of the day — but rather...

The EUR/USD currency pair continued to decline throughout Thursday. Overall, even if we were to gather all possible factors that could support the U.S. dollar and ignore all the ones...