Forex Traders Portal

Trade Review and Advice for Trading the Japanese Yen The test of the 154.63 price occurred when the MACD indicator had already moved significantly upward from the zero line, limiting...

Trade Review and Advice for Trading the British Pound The test of the 1.3134 price occurred when the MACD indicator had just begun moving downward from the zero line, which...

Trade Review and Advice for Trading the European Currency The test of the 1.1635 price occurred when the MACD indicator had just begun moving downward from the zero line, which...

The EUR/JPY pair is consolidating after six days of gains. At the moment, spot prices are trading slightly below the psychological level of 180.00 and appear ready for further growth...

Today, the EUR/USD pair is trading in a narrow range, consolidating the recent strong rally toward the more-than-two-week high reached the day before. The US dollar is attracting active sellers...

On Thursday, the EUR/USD pair consolidated above the 61.8% retracement level at 1.1594 and rose toward the resistance level of 1.1645–1.1656, as forecast. A rebound from this zone on Friday...

On the hourly chart, the GBP/USD pair on Thursday made another rebound from the 161.8% retracement level at 1.3110 and rose above 1.3186. At that moment, it might have seemed...

It seemed that everyone had already come to terms with the idea that the UK budget would partly rely on new taxes imposed on the population, when yesterday, UK Chancellor...

On Thursday, the pair moved upward, tested the 21-period EMA at 1.3214 (thin black line), and then the price went down, closing the daily candle at 1.3187. Today the pair...

On Thursday, the pair moved upward, tested the 50% retracement level at 1.1655 (blue dashed line), and then went down, closing the daily candle at 1.1632. Today it may continue...