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

The dollar gave back some ground yesterday — partly following a weak ADP report, partly due to currency intervention by the Bank of Japan, and partly after remarks...

The price test at 1.1580 occurred when the MACD indicator had moved well above the zero mark, limiting the pair's upside potential. The second test of 1.1580 prompted the implementation...

The EUR/USD currency pair continued its sluggish decline on Wednesday, with minimal volatility. It feels like the market is doing someone a favor right now. You can't completely stop opening...

There are relatively few macroeconomic publications scheduled for Thursday. Most are completely secondary. For example, Germany, the UK, the Eurozone and the US will publish second-estimate services PMIs for August...

The wave count on the 4-hour chart for EUR/USD is becoming more complex. There is still no question of canceling the upward section of the trend (lower chart), which began...

Analysis of Trades and Trading Advice for the Euro The test of the 1.1577 price level occurred when the MACD indicator had just started moving down from the zero line...

The pound and euro provided excellent trading opportunities today using the Mean Reversion strategy. I traded the Japanese yen using Momentum. As expected, the lack of important eurozone economic data...

The price test at 1.1602 occurred as the MACD indicator was beginning to move upward from the zero mark, confirming the correct entry point to buy euros. However, even with...

There are very few macroeconomic publications scheduled for Wednesday. The only noteworthy report is the ADP report on private-sector employment changes, but who cares about it now, especially given that...

Trust, but verify. This principle is more relevant than ever in Forex. Investors have been dissecting Fed Chair Kevin Warsh's speech in Jackson Hole for three days, trying to understand...