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

[#USDX] With all technical indicators condition which indicating the weakness, then #USDX has the potential to decline toward its nearest support level today. Key Levels 1. Resistance. 2 : 99.47...

[Nasdaq 100 Index] With all technical indicators condition showing weakness in the NDX, such as the Death Cross formation and the RSI(14) being in the Neutral-Bearish level, sellers are quite...

The test of the 156.63 price coincided with the MACD indicator moving significantly below the zero mark, which limited the pair's downside potential. For this reason, I did not sell...

The test of the price at 1.3318 coincided with the moment when the MACD indicator was beginning to move upwards from the zero mark, confirming the correct entry point...

The test of the price at 1.1645 came at a moment when the MACD indicator was beginning to move upwards from the zero mark, confirming the correct entry point...

The dollar is facing challenges. Yesterday, the Federal Open Market Committee voted to lower the key interest rate by a quarter percentage point, leading to a weakening of the dollar...

Very few macroeconomic reports are scheduled for Thursday. Essentially, the only report to note is the weekly jobless claims in the US, which is straightforwardly a secondary report. Recall that...

The GBP/USD pair also traded higher on Wednesday, with a similar fundamental backdrop. However, it should be noted that the British currency began to rise well before the publication...

The EUR/USD currency pair moved exactly as most traders expected on Wednesday. It is worth noting that the market does not always react clearly or logically to the FOMC meeting...

Trade analysis and recommendations for trading the Japanese yen The price test of 156.63 occurred when the MACD indicator had just begun moving downward from the zero mark, which confirmed...