Forex Traders Portal

The Japanese yen is under pressure. On Monday, Nikkei Asia reported that Japan's Prime Minister, Sanae Takaichi, plans to begin discussions on tax reform this week. The main goal...

From a technical standpoint, yesterday's close above the psychological level of 155.00 has given the USD/JPY pair new upward momentum. Moreover, oscillators on the daily chart are positive and have...

The wave pattern on the 4-hour chart for EUR/USD has transformed, but overall it still looks quite clear. There is no talk of canceling the upward trend segment that began...

Bitcoin reached $89,150 after a sharp technical correction following the break of the important support level of $93,750. Bitcoin is recovering some of its losses and is now trading around...

If EUR/USD consolidates above 1.1606, we expect it to continue rising. So, the price could reach 1.1718 and could even rise above the gap left at about 1.1740 in September...

If gold breaks decisively in the coming hours and consolidates above 4,062, we could expect it to continue rising until it reaches the 21 SMA located at 4,103 and could...

Bitcoin slightly retraced to the $91,000 level, but it seems the decline is not yet over. Until we see a sharp downward momentum and the final liquidation of those...

Bitcoin has returned to the $91,000 level, but there are no reasons for celebration. Considering the technical picture and the sluggish purchasing activity from major players, any return to bearish...

Trade Analysis and Recommendations for the Japanese Yen The price test at 155.01 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a correct...

Trade Analysis and Recommendations for the British Pound The price test at 1.3165 occurred at a moment when the MACD indicator had just begun moving upward from the zero line...