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

Analysis of Trades and Trading Advice for the Euro The test of the 1.1577 price level occurred when the MACD indicator had just started moving down from the zero line...

After a small upward retracement in the morning, Bitcoin and Ethereum resumed their decline during the European session. Bitcoin has already reached $76,120, while Ethereum fell to $2,352. The decline...

The pound and euro provided excellent trading opportunities today using the Mean Reversion strategy. I traded the Japanese yen using Momentum. As expected, the lack of important eurozone economic data...

The US dollar largely ignored weak US economic data yesterday, and there were reasons for that. As the Institute for Supply Management report reported, the ISM manufacturing index fell...

Gold (XAU/USD) is struggling to recover after reaching an almost four-week low earlier on Wednesday, maintaining a moderately negative tone. However, the US dollar continues to strengthen, preventing the precious...

On Tuesday, EUR/USD rebounded from the 100.0% retracement level at 1.1620, reversed in favor of the US dollar, and resumed its decline toward the 76.4% Fibonacci level at 1.1551...

On the hourly chart, GBP/USD rebounded from the 100.0% retracement level at 1.3556 on Tuesday, reversed in favor of the US dollar, and resumed its decline. On Wednesday morning...

"Delayed-action releases" is perhaps the best way to describe the US macroeconomic data published yesterday. The reference is to the ISM Manufacturing Index and the JOLTS report. Despite...

Bitcoin and Ethereum have shown a rapid rise, which has now clearly started to fade. The US Treasury's decision to increase bond repurchase volumes triggered a surge in the cryptocurrency...

Misery doesn't come alone. Gold learned that the hard way. The precious metal plunged to its lowest level in nearly two weeks, and there are several reasons for the decline...