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

Price is abiding to an ascending trendline, signifying a bullish momentum, however, we are expecting price to do a short-term retracement. We can expect price to be reversing from...

Although the recent rally in USD/JPY is a pot of gold, not everyone was able to participate in it. But traders can still take chances on the CAD/JPY and CHF/JPY...

OPEC decided to maintain its agreed production plan for November. This provoked oil to break above $ 77 and trade around $ 80 a barrel. Accordingly, world currencies associated with...

Price broke out of the descending trendline resistance (now support) signifying a bullish momentum. Price is approaching the area of 1st support in line with 23.6% Fibonacci retracement, 127.2 %...

CADJPY is holding below 1st resistance at 88.318 in line with Horizontal swing high and 61.8% Fibonacci extension and may bearish towards 1st support at 86.838 in line Horizontal swing...

CAD / JPY has been declining since April, losing about 6,500 pips in price. Now, it is near record lows - at the technical mirror level of 84.6. This opens...

Price is holding below the descending trendline resistance, however we are expecting price to be making a short-term bullish bounce as price is seen to bounce off the weekly overlap...

Price is holding below the descending trendline resistance showing a bearish momentum. We are expecting time to push downwards to the 1st support in line with the 61.8% Fibonacci projection...

CADJPY is holding under the descending trendline resistance, showing a bearish momentum. Price is expected to push downwards towards the 1st support in line with the 61.8% Fibonacci extension...

Price is below our descending trendline resistance and may bearish from our 1st resistance at 86.986 in line with 38.2% Fibonacci retracement and 38.2 Fibonacci extension towards the 1st support...