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

The test of the price at 159.21 coincided with the moment when the MACD indicator was just beginning to move upward from the zero mark, confirming the correct entry point...

The test of the price at 1.3470 coincided with the moment when the MACD indicator was just beginning to move downward from the zero mark, confirming the correct entry point...

The test of the 1.1633 price coincided with the MACD indicator moving significantly below the zero mark, which limited the pair's downward potential. For this reason, I did not sell...

The dollar is in demand again amidst difficulties in concluding the peace agreement between the U.S. and Iran. However, yesterday's data showing a drop in U.S. consumer confidence put pressure...

Bitcoin and Ethereum are finally showing signs of completing a three-month upward correction. Liquidity pools remain below, with a 90% probability that the price will find them. Structural breakdowns, sell...

Given that the euro has left an unfilled gap, if the price falls below the 21 SMA, this could be considered a signal to sell with a target at 1.1596...

The British pound is trading around 1.3454 within the uptrend channel formed since May 15, below the 200 EMA and below the 21SMA, showing some downward pressure. The British pound...

A consolidation above $2,100 and a decisive break above the downtrend channel around $2,130 could be considered a clear buy signal, with targets around $2,201. We ultimately expect...

There are no macroeconomic reports scheduled for Wednesday, May 27, except for the entirely secondary ADP report, which has been released weekly recently. However, markets often ignore even the monthly...

The GBP/USD pair also traded with low volatility on Tuesday, but in the afternoon, it showed a slight decline, which could have been driven by rising tensions in the Middle...