Forex Traders Portal

In addition to the FOMC meeting, we have another interesting "with a stretch" event this week. Why "with a stretch"? As I mentioned in my previous review...

The Japanese yen has paused its rapid intraday decline from the weekly low and was trading in a familiar range against a strong US dollar ahead of the FOMC meeting...

The Australian dollar has been rising against the US dollar for the second week in a row. The latest inflation report in Australia has allowed buyers of AUD/USD to establish...

The wave pattern for GBP/USD continues to indicate the formation of an upward wave pattern, but over the past few weeks, it has become complex and ambiguous. The pound...

The wave pattern on the 4-hour chart for EUR/USD has been revised — unfortunately, not for the better. It is still too early to conclude that the upward trend section...

Gold continued its intraday rally, breaking above the psychological level of $4000. It appears that the precious metal has ended its three-day losing streak, as investors await the results...

The price test of 152.07 occurred when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward potential. The second test of 152.07 triggered...

The price test of 1.3228 occurred when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward potential. The second test of 1.3228 triggered...

The price test of 1.1640 occurred when the MACD indicator had just begun moving upward from the zero line — confirming a correct entry point for buying the euro. Since...

Everything comes at a cost. The excessive euphoria in the gold market has resulted in widespread sell-offs, and the same could happen in the US stock markets. The S&P...