FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today
USDJPY remains vulnerable to a move towards 103.
USDJPY continues to make lower lows and lower highs since May and the high at 109.85. Price has formed a bearish channel that is respecting since...
Fractal analysis for major pairs on November 30
According to the results, the euro/dollar pair is expected to continue rising after the level of 1.1994 breaks down. The key support is the level of 1.1931...
Simplified wave analysis and forecast for GBP/USD, USD/JPY, and USD/CHF on November 27
GBP/USD Analysis: The large scale of the British pound chart since March this year shows an upward momentum. Its last section counts down from September 10. The price reached intermediate...
Fractal analysis for major pairs on November 27
According to the results, the euro/dollar pair is expected to move to the level of 1.1968. The key support level is 1.1892. As for the pound/dollar pair, growth is expected...
Inverted Head and shoulders pattern in EURJPY
EURJPY has most probably formed the right hand shoulder in an inverted Head and Shoulders pattern. Price has reached the neckline resistance once again at 124.50 area. This...
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FERRARI F8 TRIBUTO
FERRARI F8 TRIBUTO
How long may USD hold its positions?
The prospects for the American currency are mixed as the US economic data is bleak. Moreover, the market remains euphoric amid news of the effectiveness of the COVID-19 vaccine. These...
GBPJPY to reverse from downside confirmation, potential drop!
GBPYJPY is expected to reverse from its downside confirmation at 139.667, which is in line with our 23.6% Fibonacci retracement, where it could potentially drop further to 139.005 which...
Markets wait for Fed's decisive action. Overview of USD, CAD, and JPY
After yesterday's publication of the Fed's minutes from their November meeting, it is very likely that there will be major changes in the asset purchase program during next month's meeting...
Fractal analysis for major currency pairs on November 26
According to the results, the euro/dollar pair is expected to move to the level of 1.1968. The key support is the level of 1.1892. On the other hand...