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

Today, the euro, the British pound, and the Australian dollar were traded using the Mean Reversion strategy, but the results were disappointing. I did not take any trades based...

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts...

Yesterday, US Treasury Secretary Scott Bessent publicly endorsed the Federal Reserve's new Chair Kevin Warsh and predicted a near?term slowdown in inflation as the conflict with Iran is resolved. "I'm...

Yesterday, US equity indices saw a heavy sell-off. The S&P 500 fell by 1.44% and the Nasdaq 100 dropped by 2.21%. The Dow Jones Industrial Average slipped by 0.09%. Today...

The EUR/USD pair continued to decline throughout Tuesday and consolidated below the 100.0% Fibonacci retracement level of 1.1409. As a result, the decline may continue toward the next retracement level...

Gold has declined, falling below $4,050 per ounce and marking a two-week low. Today, the metal briefly lost 0.6% after a 1.7% drop yesterday, but has since partially offset those...

Bitcoin has not recovered significantly from yesterday's sharp drop to around $62,000 and is currently trading at $62,700. Ethereum also remains under pressure, poised to potentially fall below $1,650...

On the hourly chart, the GBP/USD pair rebounded from the 1.3268–1.3277 resistance level, reversed in favor of the U.S. dollar, and declined almost to the 1.3158–1.3177 support zone. A rebound...

The price test at 161.59 occurred at a time when the MACD indicator had moved significantly above the zero mark, limiting the pair's upward potential. For this reason...

The price test at 1.3210 coincided with the MACD indicator just beginning to move downward from the zero mark, confirming the correct entry point to sell the pound...