FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today
USD/CAD: Traders Are Waiting For The FOMC Press Conference!
USD/CAD is located at 1.2569 level after dropping a little after the FOMC Statement. As you already know, the FED kept its Federal Funds Rate unchanged at 0.25% as expected...
Wave analysis of GBP/USD for July 28. Boris Johnson threatens to cancel Brexit agreement if Northern Ireland protocol is not revised
The wave counting for the Pound/Dollar instrument still raises many questions. The last descending wave is now identified as wave e and, if the current wave counting is correct, then...
AUDUSD trend analysis.
AUDUSD remains in a bearish trend. Price is inside a bearish channel. Price has been making lower lows and lower highs. The RSI is providing bullish divergence signals. Traders need...
Wave analysis of EUR/USD for July 28. Fed needs to tackle overheated US stock market and housing market
The wave counting of the 4-hour chart for the Euro/Dollar instrument has not changed at all in recent days and remains quite ambiguous. This is especially true for the internal...
EURUSD back tests break out area.
EURUSD is back testing today the break out area of the resistance trend line. Holding above 1.18 is key for the short-term reversal signal. Holding above 1.18...
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FERRARI F8 TRIBUTO
FERRARI F8 TRIBUTO
Trading Signal for USD/CAD for July 28 - 29, 2021: Key level 1.2570
The key level of 1.2600 acts as immediate resistance and the top of the technical pattern. A sharp break above this zone would enable the upward move towards the 8/8...
July Fed meeting: preview
The dollar has come to another kind of watershed: following the results of the July Fed meeting, the greenback will either continue to gain momentum throughout the market or will...
Trading Signal for EUR/USD for July 28 - 29, 2021: Buy above 1.1790
The EUR / USD pair found strong resistance at the 2/8 murray zone around 1.1840. From that level, it is retreating, and the support of the 21 SMA located...
USD/JPY Hot Forecast for 28 July
The US Dollar started a decline from well above the 110.20 level against the Japanese Yen. The USD/JPY pair broke the key 110.00 support zone to move into a bearish...