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

Due to a sharp drop in market volatility during the first half of the day, I did not trade at all through the Mean Reversion scenario. On the other hand...

Today, GBP/USD continues its winning streak for the fifth consecutive day, trading slightly below the 1.3200 round level. Traders are anticipating that UK Chancellor of the Exchequer, Rachel Reeves, will...

The prospect of peace regarding the Ukraine situation could significantly reduce geopolitical tensions worldwide. On this wave, the price of gold — which traditionally functions as a safe-haven asset —...

Today marks the second consecutive day in which USD/CHF continues its correction from the nearly three-week high located just above the 0.8100 round level. This decline is driven...

On Tuesday, the EUR/USD pair formed a clear rebound from the 76.4% corrective level at 1.1517, reversed in favor of the euro, and rose toward the 61.8% corrective level...

On the hourly chart, the GBP/USD pair on Tuesday consolidated above the resistance level of 1.3119–1.3139 and rose toward the resistance level of 1.3186–1.3214. A rebound of the quotes from...

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 Tuesday, the pair moved upward to the resistance at 1.3232 (light blue dashed line), then turned downward, closing the daily candle at 1.3161. Today it may possibly continue moving...

On Tuesday, the pair moved upward to the 61.8% level at 1.1593 (blue dashed line), then turned downward, closing the daily candle at 1.1569. Today it may continue its upward...

Yesterday the US dollar sharply slumped in pairs with several risk-sensitive assets following news that US consumers have shown signs of fatigue just before what could become the longest government...