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

Amid yet another escalation in the Middle East, the minutes from the June Federal Reserve meeting went unnoticed, proving less hawkish than many market participants had expected...

The price of West Texas Intermediate (WTI) crude oil showed a slight decline on Thursday but remained above the 200-day SMA. This movement was caused by profit-taking from investors after...

Don't stir up trouble while it's quiet. Investors almost believed that the US-Iran war was behind them: a temporary peace agreement, 60 days for negotiations, discussions about resolving the lingering...

One soldier does not make a battlefield. Even the Bank of Japan's fivefold interest rate hike under Kazuo Ueda to 1%—the highest in 31 years—has not helped the yen find...

The GBP/USD pair posted a fairly strong advance, which may mark the beginning of a broader bullish trend. In my view, the U.S. dollar's appreciation between June 17 and June...

Analysis of Trades and Trading Tips for the Japanese Yen The price test at 162.28 occurred at a time when the MACD indicator had moved significantly downward from the zero...

Analysis of Trades and Trading Tips for the British Pound The price test at 1.3413 coincided with the moment when the MACD indicator had moved up significantly away from...

The test of the 1.1443 level occurred when the MACD indicator had already moved significantly above the zero line, limiting the pair's upward potential. For this reason...

Today, only the Australian dollar generated a trading opportunity based on the Mean Reversion strategy. I did not take any Momentum trades. The euro advanced today following news that Germany's...

Gold (XAU/USD) is attempting for a second consecutive day to break above the 20-day Simple Moving Average (SMA). The U.S. dollar remains in a wait-and-see mode amid the absence...