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

On Thursday, October 31, the EUR/USD pair returned to the 161.8% retracement level at 1.0873, showing another rebound and two consolidations below this level. The latest close below 1.0873 suggests...

Trade Review and Tips for Trading the Japanese Yen The test of the 152.40 price level occurred when the MACD line had just begun moving downward from the zero line...

Trade Review and Tips for Trading the British Pound The test of the 1.2905 price level occurred when the MACD line had just started moving above the zero line, confirming...

Trade Review and Tips for Trading the Euro The test of the 1.0865 price level occurred when the MACD indicator had already moved significantly below the zero line, limiting...

The key is to pay attention to the 61.8% retracement level. Below this area, the outlook will remain bearish for gold. Therefore, traders will have an opportunity to sell below...

In my morning forecast, I highlighted the 1.2904 level as a point for market entry decisions. Let's look at the 5-minute chart to review what happened. The breakout and retest...

In my morning forecast, I highlighted the 1.0866 level as a decision point for market entry. Let's look at the 5-minute chart to see what happened. The decline, followed...

On Thursday, GBP/USD turned in favor of the U.S. dollar on the hourly chart, securing a position below the support zone of 1.2892–1.2931, a level that had previously posed...

This week, the euro is experiencing its "moment in the spotlight." Virtually all macroeconomic reports published this week in Europe have favored the single currency. Key indicators, including GDP growth...

The Japanese yen is losing ground today. The yen failed to extend its gains despite earlier signs of recovery following Japan's PMI manufacturing index report. It initially strengthened after comments...