Forex Traders Portal

The wave pattern on the 4-hour chart for EUR/USD has changed. There is still no reason to abandon the bullish trend segment (lower chart), which has been developing since January...

On the hourly chart, GBP/USD consolidated below the 1.3349–1.3355 support level on Thursday, but failed to extend its decline and returned to the 50.0% Fibonacci retracement level at 1.3408...

The price test at 160.47 coincided with the moment when the MACD indicator was just beginning to move downward from the zero mark, confirming the correct entry point to sell...

The price test at 1.3350 coincided with the moment when the MACD indicator was just beginning to move downward from the zero mark, confirming the correct entry point for selling...

The price test at 1.1522 occurred when the MACD indicator was just beginning to move downward from the zero mark, confirming the correct entry point for selling euros...

In recent days, Bitcoin recovered by about $4,000; however, this movement can hardly be classified as a correction. Overall, Bitcoin has lost $22,000 from its last local peak and $65,000...

There are a few macroeconomic reports scheduled for Friday, and the most significant ones will be released in the UK. Recall that in Britain, macroeconomic data is released in blocks...

The GBP/USD pair also exhibited notable trading movement on Thursday. Firstly, the British pound has remained within the sideways channel of 1.3331-1.3476 for almost a month now. Secondly, Donald Trump...

The GBP/USD currency pair traded calmly on Thursday, moving slowly and without much concern. Looking at the chart below, in the past 18 days, volatility exceeded 88 pips only once...

Geopolitical developments continue to shift sentiment, preventing either bulls or bears from gaining full control. However, the balance is once again tilting in favor of the US dollar...