Forex Traders Portal

Last Friday, the US dollar surged after reports that payrolls resumed growth in March and the unemployment rate unexpectedly fell. According to Bureau of Labor Statistics data released Friday, nonfarm...

Bitcoin has returned to the $69,000 level, even though Trump may begin massive strikes on Iranian territory tomorrow. The fact has not deterred buyers of Ethereum either. This situation stems...

The tests of the levels I noted did not occur in the afternoon, so I was left without any trades. Last Friday saw the US dollar rise, but there were...

The test of the price at 1.3220 occurred when the MACD indicator was just beginning its downward move from the zero mark, confirming a valid entry point for selling...

The test of the price at 1.1535 occurred when the MACD indicator was just starting to move down from the zero mark, confirming a correct entry point for selling...

The dollar gained everything it could on Friday against the euro, the pound, and other risk assets, aided by strong US labor market data. The unemployment rate...

There are very few macroeconomic reports scheduled for Monday. Essentially, the only notable release is the ISM Services Index for the US for March. Regardless of what this index shows...

The GBP/USD pair also demonstrated extremely low volatility on Friday, with the market showing absolutely no interest in important data from across the ocean. This can partly be understood. Jerome...

The EUR/USD currency pair showed absolutely no interesting movements on Friday. Moreover, volatility dropped to minimal levels despite a strong and vibrant macroeconomic backdrop. Of course, when the Non-Farm Payroll...

The GBP/USD currency pair demonstrated only one thing on Friday—complete unwillingness to move. The market seemed to have fallen asleep and missed the Non-Farm Payroll and unemployment reports. Although...