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

For GBP/USD, the wave pattern continues to indicate the formation of an upward trend segment (lower chart), but over the past six months it has taken on a complex...

The wave pattern on the 4-hour chart for EUR/USD has changed, but overall it still remains quite clear. There is no talk of canceling the upward trend segment that began...

Trade Review and Trading Tips for the Japanese Yen None of the levels I identified were tested during the first half of the day. In the second half...

Trade Review and Trading Tips for the British Pound The test of the 1.3359 price level occurred when the MACD indicator was just beginning to move downward from the zero...

Trade Review and Trading Tips for the European Currency The test of the 1.1737 price level occurred when the MACD indicator was just beginning to move downward from the zero...

Today, only the Canadian dollar was traded using the Mean Reversion strategy. I traded the British pound and the Japanese yen using the Momentum strategy. The euro and the pound...

The Bank of Japan's hawkish stance supports the Japanese yen and limits the pair's movement ahead of Friday's policy update. At the same time, traders prefer to wait...

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful...

On Wednesday, the EUR/USD pair declined to the 38.2% retracement level at 1.1718, rebounded from it, reversed in favor of the European currency, and began a growth phase toward...

On the hourly chart, the GBP/USD pair first declined and then rose on Wednesday. At the moment, the pound has consolidated above the 1.3352–1.3362 level. A rebound from this area...