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

Trade Breakdown and Tips for Trading the European Currency The test of the 1.1745 price level occurred at a moment when the MACD indicator had moved far above the zero...

Due to very low volatility, suitable entry points using the Mean Reversion strategy never materialized. Using the Momentum strategy, I traded only the Japanese yen. Eurozone industrial production data showed...

The U.S. dollar continues to face difficulties that are entirely related to the Federal Reserve's dovish stance at the end of this year. However, not all of its representatives share...

Last Friday, the dollar continued to face difficulties in pairs with risk assets, as buyers were not very convinced by the statements made by representatives of the U.S. Federal Reserve...

The test of the price level at 1.1736 occurred as the MACD indicator began to move upward from the zero mark, confirming a good entry point to buy the euro...

The euro and the British pound maintain their prospects for further gains against the US dollar. The Japanese yen appreciated significantly today, as traders believe the Bank of Japan will...

There are very few macroeconomic reports scheduled for today. Essentially, the only notable report is the Eurozone industrial production report. It is not the most secondary report...

The EUR/USD currency pair traded with minimal volatility and exclusively sideways on Friday. This market behavior is not surprising, as we see a prolonged upward trend on the hourly timeframe...

The EUR/USD currency pair traded much more calmly on Friday than on Wednesday and Thursday, as shown in the illustration below. The volatility on the last trading...

The EUR/USD currency pair showed no notable movements on Friday, with overall volatility for the day at just 31 pips. The only macroeconomic event of note on Friday was German...