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FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

Forex Analysis

Forex Analysis:::2024-05-03T11:16:12
GBP/USD: trading plan for the US session on May 3rd (analysis of morning deals). The pound is preparing to get out of the side channel
In my morning forecast, I focused on the level of 1.2565 and planned to make decisions regarding market entry based on it. Let's take a look at the 5-minute chart...
Forex Analysis:::2024-05-03T10:40:47
EUR/USD: trading plan for the US session on May 3rd (analysis of morning deals). US data will be the key moment of the week
In my morning forecast, I drew attention to the level of 1.0751 and planned to make decisions regarding market entry based on it. Let's take a look at the 5-minute...
Forex Analysis:::2024-05-02T11:33:22
GBP/USD: trading plan for the US session on May 2nd (analysis of morning deals). The pound was pushed below 1.2521
In my morning forecast, I highlighted the level of 1.2521 and planned to base market entry decisions on it. Let's look at the 5-minute chart and analyze what happened there...
Forex Analysis:::2024-05-02T11:12:21
EUR/USD: trading plan for the US session on May 2nd (analysis of morning deals). Euro bought around 1.0700
In my morning forecast, I pointed out the level of 1.0700 and planned to make decisions based on it for market entry. Let's look at the 5-minute chart and figure...
Forex Analysis:::2024-05-01T23:41:58
Bank of Japan is trapped and increasingly dependent on the Fed's stance. Overview of USD/JPY
Apparently, the Japanese authorities did conduct a currency intervention on April 29th. The USD/JPY pair came close to the 160 mark, after which it quickly fell to 154.50. A weak...
Forex Analysis:::2024-04-30T14:55:46
GBP/USD: trading plan for the US session on April 30th (analysis of morning deals). The pound is kept within the side channel
In my morning forecast, I paid attention to the 1.2516 level and planned to make decisions on entering the market from it. Let's look at the 5-minute chart and figure...
Forex Analysis:::2024-04-30T14:40:50
EUR/USD: trading plan for the US session on April 30th (analysis of morning deals). The euro is trying to end the month on a positive note
In my morning forecast, I pointed out the level of 1.0726 and planned to make trading decisions based on it. Let's look at the 5-minute chart and figure out what...
Forex Analysis:::2024-04-30T01:00:07
Outlook for GBP/USD on April 30. Another baseless growth from the pound
GBP/USD continued its upward movement on Monday. The pound had no reason to rise other than being in a new ascending channel formed on the hourly timeframe. Initially, the upward...
Forex Analysis:::2024-04-30T00:59:59
Outlook for EUR/USD on April 30. A boring day for the euro
EUR/USD kicks off the new week by moving within a formal ascending channel. The pair edged up while volatility was low, which basically corresponds to the status of a "boring...
Forex Analysis:::2024-04-29T23:09:53
CFTC report: faith in the dollar grows stronger
The net long USD position increased by 7.2 billion to 32.6 billion over the reporting week. Speculative investors are actively buying the dollar, as they increasingly believe that...
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