Forex Traders Portal

Analysis of Trades and Trading Advice for the Japanese Yen The test of the 159.05 level occurred when the MACD indicator was just beginning to move up from the zero...

Bitcoin once again attempted to move above $78,000 today, but so far without success. Ethereum is also trading around $2,500. Meanwhile, we remain in a consolidation and accumulation zone...

Today, I attempted to trade the British pound using the Mean Reversion strategy, as I did with the Australian dollar, but no major counter-movements materialized. I traded the Canadian dollar...

The dollar made a strong recovery last Friday after the U.S. composite output index soared to 56.0 in August, up from 54.5 in July. The services activity jumped to 56.8...

No macroeconomic publications are scheduled for Monday, not even secondary ones. Thus, traders will have nothing to react to throughout the day, and volatility may be weak again. There...

The EUR/USD currency pair maintained bullish momentum during Friday's trading, which is the most important takeaway. Last week, the European currency showed solid growth, which we believe was entirely justified...

The GBP/USD currency pair also showed confident growth over the past week, primarily thanks to the U.S. Treasury. The decision made by the Treasury was aimed at lowering yields...

The GBP/USD currency pair began a downward correction on Friday after it failed to overcome the area between 1.3671 and 1.3681. Therefore, the price could soon drop to a critical...

The EUR/USD currency pair once again failed to continue moving higher on Friday, but we do not observe a significant correction either. Instead, the price has left the market...

The wave count on the 4-hour chart for EUR/USD is becoming more complex. There is still no question of invalidating the upward trend segment (lower chart), which began in January...