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

[Gold] Buyers appear to still dominate Gold at this time, as indicated by the Golden Cross formation of the EMA(50) and EMA(200). Although there is also potential for a limited...

[Silver] Although there is potential for a correction confirmed by the appearance of a Bearish Divergence on the RSI, the overall bias still shows strengthening, confirmed by the Golden Cross...

Few macroeconomic reports are scheduled for Wednesday, and even fewer are significant. Essentially, only the durable goods orders report in the United States can be highlighted. This report is important...

The GBP/USD pair also rose on Tuesday, driven by the same factors that were influencing the European currency. A few days ago, the descending trend line was broken; macroeconomic data...

The EUR/USD currency pair finally demonstrated a logical upward movement on Tuesday. And it was reasonable in every sense of the word. Let's start with the technical aspect. The price...

Trade Analysis and Tips for Trading the Japanese Yen The test of the 156.67 price occurred when the MACD indicator had already moved significantly downward from the zero mark, which...

Trade Analysis and Tips for Trading the British Pound The test of the 1.3113 price occurred when the MACD indicator had just begun to move upward from the zero mark...

Analysis of Trades and Recommendations for Trading the European Currency The test of the 1.1527 price level occurred at a moment when the MACD indicator had already moved far above...

Only the British pound did I try to trade today using the Mean Reversion strategy, but even there I did not wait for a strong downward reversal. Using the Momentum...

The test of the price at 156.84 coincided with the moment the MACD indicator was beginning to move upward from the zero mark, confirming the right entry point for buying...