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

Trade Analysis and Recommendations for the British Pound The test of the 1.3084 price occurred when the MACD indicator had just started moving down from the zero line, which confirmed...

If gold consolidates above the 21 SMA and 6/8 Murray in the coming hours, we could open long positions, with short-term targets around $4,218. The instrument could even reach $4,311...

Bitcoin reached a low around the psychological level of $80,000. From this level, we observed a technical rebound, so it is likely that BTC will continue to rise...

If the euro breaks decisively through the 21 SMA located at 1.1549, it could be seen as an opportunity to continue buying with a target at the 200 EMA located...

The British pound reacted with a sharp decline to news that UK retail sales in October fell much more than expected. The report from the Office for National Statistics stated...

The price test at 1.3089 coincided with the MACD indicator just beginning to move up from the zero mark, confirming the correct entry point for buying the pound and leading...

Yesterday, several entry points into the market were formed. Let's take a look at the 5-minute chart and analyze what happened. In my morning forecast, I highlighted the level...

The labor market disappointed the US dollar yesterday, which sharply declined against the euro and the British pound. As the data showed, the US unemployment rate rose again in September...

A considerable number of macroeconomic reports are scheduled for Friday. In the European Union, Germany, the UK, and the US, indices of business activity in the services and manufacturing sectors...

The GBP/USD pair traded higher on Thursday, but with extremely low volatility. Despite the release of two crucial reports on the U.S. labor market and unemployment, neither report sparked volatility...