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

Trade Analysis and Tips for Trading the Japanese Yen The test of the 159.38 level occurred when the MACD indicator was just beginning to move downward from the zero line...

Trade Analysis and Tips for Trading the British Pound The test of the 1.3512 level occurred when the MACD indicator was just beginning to move downward from the zero line...

Trade Analysis and Tips for Trading the Euro The test of the 1.1788 price level occurred when the MACD indicator had already moved significantly above the zero line, which limited...

It is difficult to fight the USD/JPY rally if it is driven by dollar strength amid the conflict in the Middle East. However, growing investor confidence in reaching a peace...

Today, the pound, Australian dollar, and Canadian dollar were traded using the Mean Reversion strategy. The yen was traded using the Momentum strategy. In the absence of economic data during...

The EUR/USD pair continued its downward movement on Thursday toward the 50.0% Fibonacci retracement level at 1.1745 after rebounding from the 61.8% Fibonacci level at 1.1824. Thus, bearish pressure...

On the hourly chart, the GBP/USD pair continued its decline on Thursday after rebounding from the 61.8% Fibonacci retracement level at 1.3596, and this morning it consolidated below the support...

The US dollar is supported by risks related to the Strait of Hormuz, acting as a counterweight. Hopes for Iranian diplomacy and reduced expectations of a Federal Reserve rate hike...

Amid rising hopes for de-escalation in the US-Iran conflict and improving investor sentiment, global markets are hitting new highs, and the structure of demand for commodities and financial strategies...

Yesterday, equity indices closed higher. The S&P 500 rose by 0.26%, while the Nasdaq 100 strengthened by 0.36%. The Dow Jones Industrial Average fell by 0.24%. The record run seen...