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

When a currency ignores the negatives and rises sharply on the positives, there is a sense that it is ready to break the downward trend. Good news from the Australian...

The U.S. trade deficit grew to the widest in three months at the start of the year, thanks to a strong pickup in imports of merchandise. The opening of China...

Economists are concerned about signals from the global market. Data shows behavior that contradicts expectations and probabilistic forecasts based on historical data and economic theory. The reputations of central banks...

Concerns about mass protests in China are in the spotlight. According to the New York Times, "After a weekend of confrontations between officials and demonstrators, video from two sites...

Strengthening of the dollar and heavy news background strikes the Asian markets. Investors are devastating the region, pulling cash from safe-haven currencies. The main currencies of Asia...

Technical analysis: USD/CNY has been trading upside as I expected and the USD/CNY is heading towards major upside long term objective. I still see potential for further bigger growth. Trading...

Technical analysis: USD/CNY has been trading upside as I expected. The momentum is very strong to the upside and I see no sign for the reversal. There is potential...

Technical analysis: USD/CNY has been trading upside today and I saw the breakout of the symmetrical triangle pattern on the 4H time-frame. Trading recommendation: Due to the breakout...

Technical analysis: USD/CNY has been trading upside as I expected. The price reached my first upside objective at 6.910 and is heading towards second upside target. Trading recommendation...

Technical analysis: USD/CNY has been trading upside as I expected. There is the breakout of the symmetrical triangle pattern in the background, which is good sign for further rally. Trading...