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

Intraday demand for the Japanese yen remains steady, accompanied by broad-based U.S. dollar weakness, contributing to the decline in the USD/JPY pair. Rising expectations that the Bank of Japan...

The first test of the 145.87 price level occurred at a moment when the MACD indicator had already risen significantly above the zero line, limiting the dollar's upward potential...

The demand for risky assets persisted, and the U.S. dollar weakened significantly. In addition to weak housing market data and Jerome Powell's comments, sharp criticism from Trump directed...

The yen failed the test as a safe-haven currency. The Israel–Iran conflict triggered a correction in USD/JPY toward a downtrend. For most of the year, investors had the impression that...

At the moment, the yen remains overshadowed by the U.S. dollar.From the perspective of the Bank of Japan's domestic policy, the summary of the June meeting reveals that some policymakers...

Trade Review and Advice on Trading the Japanese Yen The test of the 145.17 price level coincided with the MACD being in the overbought zone, which limited the pair's upward...

Early in the American session, the EUR/USD pair is trading around 1.1623 within the uptrend channel formed since June 10th and showing a slight recovery after consolidating in this area...

The test of the 144.84 level coincided with the MACD indicator just beginning to move downward from the zero mark, confirming the correct entry point for selling the dollar...

Demand for Risk Assets Remained Strong, and the U.S. Dollar Weakened Further After Powell's Speech, Which Did Not Rule Out the Possibility of an Earlier Rate Cut in the U.S...

Trade Analysis and Guidance for the Japanese Yen A price test at 144.97 occurred while the MACD was already far above the zero line, which prevented Scenario #1 (selling...