Forex Traders Portal

In our last USDCAD analysis we noted that the rejection and bearish reversal at the 1.3150-1.3130 area would lead to another pull back towards 1.30-1.29 and lower. Price got rejected...

EURUSD bulls have managed this week to defend 1.18 and they are back stronger pushing price above 1.19. On a weekly basis EURUSD is at new closing highs as price...

The euro/dollar pair is showing its last rise. If the euro does not break the level of 1.1940 today, it will surely fall on Monday. Buy positions could be opened...

Another upside movement is being expressed towards 1.1930-1.1960 where price action should be watched for possible bearish rejection. Moreover, Bearish closure below the mentioned price zone of 1.1840 is needed...

GBP/USD is dipping below the bullish ascending triangle. The breakdown is yet to be confirmed, but upside momentum on the four-hour charge is already fading. The resistance zone of 1.3390/1.3400...

Bearish closure and persistence below 1.1860 (76.4% Fibonacci Level) and 1.1777 (61.8% Fibonacci Level) is needed to enhance further bearish decline at least towards 1.1630. Otherwise, the EURUSD pair remains...

Further bullish advancement was expressed towards 1.3380-1.3400 where the pair looks overbought after failure of the previous price zone to offer sufficient bearish pressure on the pair. Upon the recent...

The US currency has been losing ground for the fourth trading session in a row against its major competitors and it is likely to end the month with heavy losses...

EUR/USD is trading this morning of the American session above the 21-day EMA and above the 3/8 Murray, since we have not yet seen a break of the descending triangle...

Eurozone November final consumer confidence -17.6 vs -17.6 prelim Economic confidence 87.6 vs 86.0 expected Prior 90.9; revised to 91.1 Industrial confidence -10.1 vs -10.9 expected Prior -9.6; revised...