Forex Traders Portal

The wave count on the 4-hour chart for EUR/USD remains unchanged. There is no talk of canceling the upward segment of the trend that began in January of last year...

On Thursday, the GBP/USD pair continues to move within Imbalance 12—a pattern that should either see a reaction or be invalidated. The situation is painfully reminiscent of EUR/USD. There...

The EUR/USD pair continues to trade without paying attention to either the news background or the chart picture. I expected—and still expect—a reaction to Imbalance 9, but on the ninth...

Trade Review and Trading Advice for the Japanese Yen The test of the 158.70 price level occurred at a time when the MACD indicator had already moved significantly above...

Trade Review and Trading Advice for the British Pound The test of the 1.3435 price level occurred at a moment when the MACD indicator was just beginning to move upward...

Trade Review and Trading Advice for the European Currency The test of the 1.1631 price level occurred at a time when the MACD indicator had already moved significantly below...

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful...

On Wednesday, the EUR/USD pair continued to hover around the 1.1645–1.1648 level. Another consolidation below this area allows for expectations of a continuation of the decline toward the 1.1607–1.1612 support...

On the hourly chart, the GBP/USD pair traded on Wednesday around the 1.3437–1.3470 level, where all trading has been concentrated over the past few weeks. A rebound from this area...

The New Year began with quite aggressive actions by the US and by Donald Trump personally toward Venezuela, Greenland and now Iran, which has prompted investors to move away from...