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

The euro is trading around 1.1797, above the 21-day SMA, consolidating between 1.1770 and 1.18, indicating a possible continuation of the uptrend, though technically, signs of exhaustion are evident...

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Trade Analysis and Tips for Trading the British Pound The test of the 1.3512 level occurred when the MACD indicator was just beginning to move downward from the zero line...

Today, the pound, Australian dollar, and Canadian dollar were traded using the Mean Reversion strategy. The yen was traded using the Momentum strategy. In the absence of economic data during...

The price test at 1.3540 occurred when the MACD indicator was just beginning to move upward from the zero mark, confirming a correct entry point for buying the pound. However...

The euro, pound, and other risk assets continued to correct against the U.S. dollar, as the relatively normal and calm situation in the Middle East shifted the focus back...

No macroeconomic reports are scheduled for Friday. However, the market remains quite indifferent to macroeconomic data. All recent truly important reports have been ignored. Whereas the market previously bought...

The GBP/USD pair also experienced a slight correction on Thursday, consolidating below 1.3543. The decline of the British currency was not triggered by geopolitical, fundamental, or macroeconomic factors. There...

The GBP/USD currency pair was unable to extend its upward movement on Thursday, as there were no major news events that day. The market has fully priced...

The GBP/USD currency pair made minimal corrections to the nearest support area on Thursday. There were no significant macroeconomic or fundamental events throughout the day, nor were there any geopolitical...