Forex Traders Portal

The US dollar continued to lose ground actively—a development that's easy to explain. There is growing talk in the market that the Fed will be forced to act more dovish...

A month ago, on August 19, we expected a US stock market reversal based on the completion of five DeMark sequences. However, that reversal didn't materialize—there was only a five-day...

Yesterday, the euro made an impressive jump upward by 105 pips, reaching the upper boundary of the price channel precisely at 1.1879. Economic data out of Europe...

The British pound gained 47 pips yesterday, closing above the target level of 1.3631. The range between 1.3631 and 1.3700 looks too fragile amid the upcoming Fed decision on monetary...

There are quite a few macroeconomic reports scheduled for Wednesday, but it's worth reminding novice traders that yesterday's calendar was also full of data—yet none of it had any impact...

Tuesday Trade Review: 1H Chart of GBP/USD The GBP/USD pair also traded higher, but in a much calmer and more familiar fashion. The trendline remains relevant, so only further growth...

Tuesday Trade Review: 1H Chart of EUR/USD On Tuesday, the EUR/USD pair continued its upward movement. The hourly timeframe clearly shows the formation of a new bullish trend...

On Tuesday, the GBP/USD currency pair continued its upward movement. In the morning, the UK reports on unemployment and wages were published, but these only allowed traders to draw conclusions...

The EUR/USD currency pair on Tuesday clearly showed what traders expect in the near future. Despite a very weak macroeconomic backdrop, the euro rose all day and broke above...

On Tuesday, the GBP/USD currency pair also continued to move north, though not as strongly as EUR/USD. The uptrend on the hourly timeframe remains, as evidenced by the trendline, while...