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

Bitcoin has been trading below the average aggregate cost of mining for five consecutive months — that level now sits at $78,000. This means miners on average are selling Bitcoin...

Trade Breakdown and Trading Advice for the Japanese Yen A price test of 161.75 occurred at a moment when the MACD indicator had already moved significantly upward from the zero...

Trade Breakdown and Trading Advice for the British Pound A price test of 1.3195 occurred at the moment when the MACD indicator was just beginning to move downward from...

Trade Breakdown and Trading Advice for the Euro A price test of 1.1448 occurred at the moment when the MACD indicator was just beginning to move downward from the zero...

US equity indices closed higher yesterday. The S&P 500 rose 1.08%, the Nasdaq 100 gained 1.91% and the Dow Jones Industrial Average advanced 0.14%. Although last Friday was a holiday...

Demand for risk assets has returned, and the U.S. dollar has weakened slightly following news that the first session of American-Iranian negotiations concluded with a cautiously positive outcome. Mediators from...

The price test at 161.23 occurred when the MACD indicator had moved significantly below the zero mark, limiting the pair's downward potential. The second test at 161.23 provided a reason...

The price test at 1.3215 occurred when the MACD indicator had moved significantly below the zero mark, limiting the pair's downward potential. For this reason, I did not sell...

The price test at 1.1475 coincided with the MACD indicator moving significantly above the zero mark, limiting the pair's upward potential. For this reason, I did not buy euros. Today's...

Trade Analysis and Recommendations for the Japanese Yen Due to low market volatility, none of the levels outlined in my analysis were tested. It is unlikely that strong price movements...