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

The GBP/USD pair has reversed in favor of the pound and posted a fairly strong advance that could mark the beginning of a broader bullish trend. In my view...

The EUR/USD pair remains within a local bearish impulse, but the bulls have gained some opportunities over the past week. An international economic forum was held in Portugal this week...

The euro is trading around 1.1420, above the 21 SMA, and rebounding after finding strong support around 1.1415. Technically, the EUR/USD pair could resume its uptrend, and we could expect...

Bitcoin could find strong support around the lower band of the uptrend channel, at $60,400. This area could be considered a good point to open long positions and expect...

Conversely, if gold returns to $4,200 or $4,218—where the 3/8 Murray level is located—in the coming hours, this zone could be seen as a good point to open short positions...

A good area to open long positions would be to wait for the price to consolidate above the 21 SMA and above -1/8 Murray. These levels could act as support...

EM currency traders long funded carry trades with the US dollar, but are increasingly turning to the euro and other G10 currencies. The catch is the greenback's reluctance to simply...

Trade analysis and trading tips for the Japanese yen The price test at 162.27 occurred at a moment when the MACD indicator had already moved significantly above the zero line...

Trade analysis and trading tips for the British pound The price test at 1.3344 occurred at a moment when the MACD indicator had just started moving upward from the zero...

Trade analysis and trading tips for the euro The price test at 1.1422 occurred at a moment when the MACD indicator had just started moving downward from the zero line...