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

Today, the euro, pound, and Canadian dollar trades were executed using the Mean Reversion strategy. I did not trade anything using the Momentum strategy. Traders frightened by inflation are maintaining...

If bearish momentum prevails, the euro has a significant and key support level around the 3/8 Murray line at 1.1596. This level could offer a good opportunity to open long...

Trade Analysis and Trading Tips for the Euro The test of the 1.1631 price level occurred when the MACD indicator had already moved significantly below the zero line, which limited...

The British pound is trading around 1.33, having reached the lower band of the downtrend channel formed since May 10, and is consolidating above the daily S1 support level, which...

We remain bullish on the US dollar while the war continues. Macquarie Futures' statement echoes the centuries-old rule "buy while there's blood in the streets." The greenback, as a safe-haven...

Meanwhile, the dollar continues to strengthen, and today markets await April's industrial production data for the United States. Certainly, March's reading disappointed: industrial production fell well short of expectations, adding...

The euro has weakened rapidly against the US dollar even as a growing number of European Central Bank officials signal the need for tougher policy, underscoring mounting pressure...

On Thursday, a day before the formal transfer of authority, Federal Reserve Vice Chair Michael Barr launched a sharp public critique of plans to shrink the central bank's balance sheet...

The price test at 1.1704 coincided with the MACD indicator moving significantly below the zero mark, which limited the pair's downward potential. The acceleration of inflation in the US, fueled...

Demand for the US dollar has surged sharply, leading to a significant sell-off in risky assets. The British pound has been particularly affected. Rising US inflation, driven by the escalation...