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

Due to very low volatility, suitable entry points using the Mean Reversion strategy never materialized. Using the Momentum strategy, I traded only the Japanese yen. Eurozone industrial production data showed...

[Platinum] With all technical conditions supporting the strengthening of Platinum, there is a wide opportunity for #PLF to strengthen today. Key Levels 1. Resistance. 2 : 1856.0 2. Resistance...

[XPD/USD] With all technical conditions supporting the strengthening of XPD/USD, then the probability of strengthening will dominate the movement of XPD/USD throughout today. Key Levels 1. Resistance. 2 : 1603.40...

The test of the price level at 155.85 coincided with the MACD indicator beginning to move downward from the zero mark, confirming a good entry point to sell the dollar...

The test of the price level at 1.3362 occurred as the MACD indicator began to move downward from the zero mark, confirming a good entry point to sell the pound...

The test of the price level at 1.1736 occurred as the MACD indicator began to move upward from the zero mark, confirming a good entry point to buy the euro...

The euro and the British pound maintain their prospects for further gains against the US dollar. The Japanese yen appreciated significantly today, as traders believe the Bank of Japan will...

There are very few macroeconomic reports scheduled for today. Essentially, the only notable report is the Eurozone industrial production report. It is not the most secondary report...

The GBP/USD pair experienced a slight correction on Friday, within an upward trend that has been developing for several weeks. The macroeconomic and fundamental backdrop was absent, as the market...

The EUR/USD currency pair traded with minimal volatility and exclusively sideways on Friday. This market behavior is not surprising, as we see a prolonged upward trend on the hourly timeframe...