Forex Traders Portal

The wave pattern on the 4-hour EUR/USD chart has changed — unfortunately, not for the better. It's still too early to conclude that the upward trend segment has ended...

On Monday, the GBP/JPY pair tried to attract some buyer interest; however, no further upward movement followed. Spot prices remain within Friday's trading range, showing little change during...

The hawkish stance of the U.S. Federal Reserve continues to support the U.S. dollar and acts as a restraining factor for GBP/USD growth, while the U.K.'s fiscal policy concerns...

Given the very low market volatility, the price never reached the levels I had indicated earlier, so in the first half of the day I remained without any trades. During...

The price test of 1.3138 occurred when the MACD indicator had just begun to move downward from the zero mark, confirming a correct entry point for selling the pound...

The price test of 1.1532 occurred when the MACD indicator had just begun moving down from the zero mark, confirming a valid entry point for selling the euro...

On Friday, the EUR/USD pair continued its decline after consolidating below the 61.8% Fibonacci level at 1.1594, moving toward the 76.4% corrective level at 1.1517. A rebound from this level...

On the hourly chart, the GBP/USD pair continued its downward movement on Friday, but bears failed to consolidate below the support level of 1.3110–1.3139. Thus, we have already seen...

Meanwhile, the European currency continues to face pressure. According to Governing Council member Joachim Nagel, the eurozone's economic data generally aligns with the European Central Bank's (ECB) forecasts, which leaves...

The British pound has recently been facing significant difficulties, largely tied to problems with approving the new UK budget for next year. As a reminder, a similar issue...