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

The S&P 500 and Nasdaq indices posted notable declines over the past trading week, falling by 1.07% and 0.69%, respectively. Market pressure intensified amid heightened concerns about the future path...

Trade Breakdown and Tips for Trading the Japanese Yen The test of the 155.28 price level occurred at a moment when the MACD indicator was just beginning to move upward...

Trade Breakdown and Tips for Trading the British Pound The test of the 1.3371 price level occurred at a moment when the MACD indicator was just beginning to move upward...

Trade Breakdown and Tips for Trading the European Currency The test of the 1.1745 price level occurred at a moment when the MACD indicator had moved far above the zero...

Due to very low volatility, suitable entry points using the Mean Reversion strategy never materialized. Using the Momentum strategy, I traded only the Japanese yen. Eurozone industrial production data showed...

At the start of the new week today, the GBP/USD pair is attempting to attract buyers, although it lacks bullish confidence, despite holding above the key support levels...

On Friday, the EUR/USD pair continued to trade above the 38.2% corrective level at 1.1718, while also rebounding from it. This rebound allows traders to expect a continuation...

On the hourly chart, the GBP/USD pair on Friday pulled back to the support level of 1.3352–1.3362 after rebounding from the 1.3425 level on Thursday evening. Today, a consolidation...

The U.S. dollar continues to face difficulties that are entirely related to the Federal Reserve's dovish stance at the end of this year. However, not all of its representatives share...

Last Friday, the dollar continued to face difficulties in pairs with risk assets, as buyers were not very convinced by the statements made by representatives of the U.S. Federal Reserve...