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

USDJPY continues to trade inside the bearish channel we mentioned last time. Price today is breaking below 104 and trading now at 103.80. Our next target as we mentioned...

EURUSD today reached and surpassed our first target of 1.2130. Price continued higher towards 1.2175 but at the end of the day price is near its lows. Short-term trend remains...

Gold bulls have enjoyed a big relief bounce from $1,763 low to $1,843. My bounce expectations where not that optimistic, but the market knows better. Gold price has reached just...

On a technical level, you can see on the 4-hour chart, that the GBP/USD is with strong bullish momentum, at this time of writing the analysis, it is trading above...

What has the most significant influence on the pound sterling: the unprecedented drop in the US dollar or the Brexit issue? Earlier, the pound sterling showed a negative reaction...

The EUR/USD pair, driven by the appetite for risk in the market, extends the upward movement near the 7/8 area of murray, around 1.2146, this level is key, because...

Further upside movement is being demonstrated towards 1.2160 where a false breakout to the upside may be expressed as a possible bearish reversal signal. Hence, Bearish closure below the mentioned...

The recent bearish H4 candlestick closure below 1.1770 was mentioned in previous articles to indicate a valid short-term SELL Signal. All bearish targets were already reached at 1.1700 and 1.1630...

EURUSD: Keep buying from 1.2012. Purchases from 1.2040 are possible. As long as the trend continues, before there is a reversal, there will be a strong pullback. For sales, there...

Further bullish advancement was expressed towards 1.3380-1.3400 where the pair looked overbought after failure of the previous price zone to offer sufficient bearish pressure on the pair. Bearish Price action...