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

On Wednesday, the precious metals market is witnessing upward momentum in silver (XAG/USD), with prices rising to the round level of $61.00. The main driver of growth in the white...

On Wednesday, the euro is depreciated against the British pound: eurozone inflation data came in below expectations, reducing the likelihood of a new interest rate hike by the European Central...

The USD/JPY pair continues to build on Tuesday's upward momentum, approaching a multi-year high. Traders are cautious in anticipation of possible currency intervention by Japanese authorities. On Tuesday, Japan's Chief...

Those who first believed in peace paid the price for it. The euro hoped that the European Central Bank's rate hike in June would be just the first step. However...

Today, both the euro and the pound were traded using the Mean Reversion strategy, although neither produced a significant reversal. I did not execute any trades using the Momentum strategy...

Overall, GBP/USD continues to move lower. Why do I think so? First, in my view, the recent appreciation of the U.S. dollar has not been fully justified by the fundamental...

The EUR/USD pair remains within a local bearish impulse, which has every chance of developing into a broader bearish trend. Despite the pair's decline in recent months, I still believe...

The test of the 162.65 level occurred when the MACD indicator had already moved significantly below the zero line, limiting the pair's downward potential. A second test of 162.65 triggered...

The test of the 1.3230 level occurred when the MACD indicator had just begun moving below the zero line, confirming a valid entry point for a short position...

The test of the 1.1402 level occurred when the MACD indicator had just begun moving below the zero line, confirming a valid entry point for a short position...