Forex Traders Portal

The EUR/USD pair reversed in favor of the U.S. dollar, broke through bullish imbalance 14, and reacted to imbalance 13. The euro's decline last week was notably sharp and unexpected...

The GBP/USD pair declined for four consecutive trading days. As a result of this sell-off, the bears reached imbalance zone 18, which represents a bullish pattern. Therefore, unless new negative...

The test of the 159.07 price level occurred when the MACD indicator had just started moving upward from the zero line, confirming a valid entry point for buying the dollar...

The test of the 1.3397 price level occurred when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling the pound...

If, in the coming hours, ETH/USD consolidates above the 21 SMA at $2,151, we could consider this level as a buy point with targets at $2,220 and the 2/8 Murray...

The test of the 1.1634 price level occurred when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling the euro...

The British pound is trading around 1.3395, above the 21-day SMA, and has reached the top of the downtrend channel that has been forming since early May. A H4 chart...

Today, both the euro and the pound were traded using the Momentum strategy, but no significant movements developed. I did not trade anything using the Mean Reversion strategy. The optimism...

If bearish pressure prevails, a pullback toward 29,178 could be considered an opportunity to take short positions with medium-term targets around the 2/8 Murray line at 28,125, and ultimately...

The Dow Jones Industrial Average is trading around 49,592, rebounding after hitting the lower boundary of the uptrend channel that has been forming since early April. It shows upside potential...