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

Global financial markets are displaying cautious optimism amid signals of a possible diplomatic settlement of the Strait of Hormuz crisis. Investors are focused on a draft memorandum intended to enshrine...

Trade Review and Trading Advice for the Japanese Yen Due to low volatility, tests of the levels I identified did not occur. As a result, I ended the session without...

Trade Review and Trading Advice for the British Pound Due to low volatility, tests of the levels I identified did not occur. As a result, I ended the session without...

Trade Review and Trading Tips for the Euro The test of the 1.1643 level occurred when the MACD indicator had just begun moving below the zero line, confirming a valid...

Today, the euro and the British pound both moved in line with the Mean Reversion strategy. I did not take any trades based on the Momentum strategy. As the data...

The direction of global financial markets last week was determined exclusively by geopolitical factors, completely eclipsing the AI story, macro data, and central bank rhetoric. A marked optimistic shift...

EUR/USD fell below the 50.0% Fibonacci retracement level at 1.1630 on Monday. However, bulls quickly regained control and managed to close above this level on Tuesday. As a result...

On the hourly chart, GBP/USD posted a sharp decline on Monday toward the 50.0% Fibonacci retracement level at 1.3408, rebounded from that level, and returned to the resistance level...

Gold (XAU/USD) is posting solid intraday gains during the early European session on Wednesday, approaching overnight highs and reaching the area around $4,540 over the past hour. The partial de-escalation...

The S&P 500 keeps hitting record highs while investors juggle the massive economic promise of AI and the Middle East conflict. Partial escalation in the form of reciprocal strikes between...