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

USD/JPY is trading around 141.74, approaching the top of the downtrend channel formed since December 18 and testing the 21 SMA located at 141.84. We observe a strong technical rebound...

Since November 30, USD/JPY has been trading at overbought levels. Therefore, a failed attempt to break 2/8 Murray could be seen as a signal to sell with the target...

The eagle indicator is giving an extremely overbought signal, which means that if the Japanese yen trades below 151.50, any technical bounce could be used as an opportunity to sell...

On the other hand, in case the Japanese Yen breaks the uptrend channel and consolidates below 149.50, we could expect it to reach the 200 EMA located at 148.80...

At its regular monetary committee meeting, the Bank of Japan made the rather expected decision not to raise interest rates. Instead, some rules were changed. Following the results...

The markets are deluded in the mad hope that there is a possibility of adjusting the bank's policy on controlling the yield curve (YCC) in the future. The reason...

Judging by the latest speech by representatives of the Federal Reserve, it seems that they are ready to forget about their high-profile goals to destroy unemployment in order to keep...

Not so long ago, Japanese manufacturers were interested in the lowest possible price, because in this way they could sell cars and equipment abroad cheaper, getting a higher profit after...

In February, Japan reported its biggest single-month trade deficit in eight years. High energy prices boosted imports and manufacturers struggled with global supply constraints, leading to a drop...

Consumer confidence in the US increased in October. This came as a surprise to economists, who set the bar at 108.3 points. We were also pleased with the news from...