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

The euro and the pound continued their active rise today, making the Momentum strategy work very well. I did not trade using the Mean Reversion strategy. A sharp increase...

Today, Tuesday, the GBP/JPY pair ended a four-day rally, reaching levels not seen since July 2024 — around 200.75, set the day before. Nevertheless, prices are still holding above...

US equity indices closed higher yesterday, with the S&P 500 up 0.47% and the Nasdaq 100 adding 0.44%. The Dow Jones Industrial Average gained 0.11%. Indices continued to notch record...

Against the backdrop of anticipation for key data releases, prevailing dollar-selling sentiment has pushed EUR/USD up to 1.1800 — its highest level since July 3. Optimism regarding the economic outlook...

On Monday, the EUR/USD pair continued its upward move, as I expected, and on Tuesday morning reached the target – the resistance zone at 1.1789–1.1802. A rebound from this zone...

On the hourly chart, the GBP/USD pair continued to rise on Monday, worked through the resistance zone of 1.3611–1.3620, and on Tuesday morning closed above it. Thus, the pound continues...

The British pound failed to fully benefit from the positive UK statistics. According to official data, the UK labour market continued to cool over the summer as companies prepared...

On Monday, the pair moved upward; resistance at 1.3624 (blue dotted line) shifted downward, closing the daily candle at 1.3595. Today it may continue moving upward. On Tuesday, strong news...

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful...

S&P Up 0.47%, Nasdaq Up 0.94%, Dow Jones Up 0.11% Alphabet Market Cap Reaches $3 Trillion for the First Time Nvidia Falls After China Antitrust Probe Tesla Rising...