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

Crude oil is trading around $89.27, above the 7/8 Murray line and within a symmetrical triangle pattern that has been forming since March 9. Crude oil will likely trade within...

Conversely, a consolidation above 1.1646 could support a recovery in the euro, and EUR/USD is expected to reach the 4/8 Murray level around 1.1718 and could even close...

In case of a pullback toward $4,600, this zone could offer a good opportunity to sell, with targets at $4,520, $4,480, and $4,452. Gold is ultimately expected to drop...

Trade analysis and tips for trading the Japanese yen The test of the 158.92 level occurred when the MACD indicator had just started moving downward from the zero mark, confirming...

Today, the euro and the Australian dollar were traded using the Mean Reversion strategy. I did not execute any trades using the Momentum strategy. IFO data from Germany, somewhat unexpectedly...

The price test at 158.79 coincided with the moment when the MACD indicator was just beginning to move up from the zero mark, confirming it as a valid entry point...

Contradictory facts and statements regarding the Middle East keep the market in a state of nervousness. Tensions in the Middle East remain a key factor exerting significant influence...

If crude oil (WTI) returns to $87 or $85, both levels could serve as good entry points for long positions, as this entire zone represents strong support for crude...

XAU/USD is trading around $4,411, forming a bullish pennant pattern, which we believe could continue its rise in the coming days only if the instrument consolidates above $4,440...

If the upward momentum prevails and the euro consolidates above 1.1645, this could be seen as an opportunity to open long positions with targets at the 4/8 Murray level around...