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

A fair number of macroeconomic events are scheduled for Friday, but we believe they will likely trigger only a localized market reaction. The UK will publish Q4 GDP data...

Analysis of Thursday's Trades 1H Chart of GBP/USD On Thursday, the GBP/USD pair also traded higher—and quite strongly. Despite the release of a reasonably solid Q4 GDP report...

Analysis of Thursday's Trades 1H Chart of EUR/USD The EUR/USD currency pair rose to the 1.0804 level on Thursday. Naturally, such an unexpected and relatively strong rise in the euro...

Trade analysis and tips for trading the Japanese yen The test of the 150.27 level occurred when the MACD indicator had just begun to rise from the zero mark, confirming...

Trade analysis and tips for trading the British pound The test of the 1.2905 level occurred when the MACD had already moved significantly below the zero line, which limited...

Trade analysis and tips for trading the euro The test of the 1.0772 level occurred when the MACD indicator had just begun to move downward from the zero mark, confirming...

The first price test at 150.12 occurred when the MACD indicator moved significantly below the zero line, limiting the pair's downside potential. For this reason, I did not sell...

The price test at 1.2875 occurred when the MACD indicator moved significantly below the zero line, limiting the pair's downside potential. For this reason, I did not sell the pound...

The price test at 1.0778 occurred just as the MACD indicator began to move down from the zero line, confirming a valid entry point for selling the euro...

The euro again collapsed strongly, pulling down other risky assets, including the British pound. In addition to yesterday's strong U.S. data, which supported the dollar, pressure on risk assets...