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

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...

Today, there may be a turning point in the market, which everyone has been expecting since the meeting of the Federal Reserve. It is all about the fact that today...

Trade analysis and advice on trading the British pound The test of the price at 1.2560 in the first half of the day coincided with the moment when the MACD...

The price test of 1.2506 in the afternoon occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry...

For Friday, the lineup of macroeconomic events is quite considerable. Let us start with the US reports as they can be crucial for the US dollar. In recent weeks...

Analyzing Thursday's trades: GBP/USD on 1H chart The GBP/USD pair also tried to initiate a downward movement on Thursday after the price consolidated below the ascending trend line...

The wave analysis for the GBP/USD pair remains quite complex. A successful attempt to break through the Fibonacci level of 50.0% indicated the market's readiness to build a downward wave...

The euro could consolidate between 1.0742 (4/8 of Murray) and 1.0620 (2/8 of Murray) in the coming days. We believe that this price range could fluctuate for a long time...

Gold is trading around 2,287.62, above the 200 EMA, and within a symmetrical triangle pattern forming since April 16. Yesterday, gold reached the 2,230 area, it tried to break this...

The complexity of the situation when the economy is losing growth and inflation is rising, which is called stagflation, forced the Federal Reserve to act extremely cautiously yesterday...