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

December 1st became a black day for the cryptocurrency market: at the start of the Asian trading session, Bitcoin sharply dropped below the $88,000 mark, erasing all weekly gains...

After yesterday's major sell-off, Bitcoin has dropped to around $84,000, and the market is currently undergoing a correction that could evolve into something more interesting, provided there is at least...

Trade Analysis and Recommendations for Trading the British Pound The test of the 1.3204 price occurred when the MACD indicator was just starting to move downward from the zero line...

Analysis of Trades and Trading Recommendations for the Euro The test of the 1.1616 price occurred at a moment when the MACD indicator had already moved significantly upward from...

Only the euro was traded today using the Mean Reversion scenario, although even there no strong reversal movement occurred. I did not trade anything using the Momentum approach. Inflation data...

The EUR/JPY exchange rate continues to recover after a slight decline. In the eurozone, the preliminary inflation indicator (HICP) for November is expected to rise to 2.1% year-over-year, while core...

Today, on Tuesday, the AUD/USD pair attracted buyers on the dip, halting a slight pullback from the previous day, which came close to a three-week high. At the moment, prices...

On Monday, the EUR/USD pair continued its upward movement, reached the resistance level of 1.1645–1.1656, bounced off it, and returned to the support level of 1.1594–1.1607. Thus, today a rebound...

On the hourly chart, the GBP/USD pair has been trading horizontally over the past few days between the price levels of 1.3186 and 1.3270. Traders are currently ignoring the chart...

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...