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

Only the British pound could be traded in the first half of the day using the Mean Reversion strategy, but a proper downward reversal never materialized. I did not trade...

Trade analysis and trading advice for the Japanese yen Due to low market volatility, the levels I outlined were not tested in the first half...

The test of the price at 159.49 occurred when the MACD indicator was just starting to move down from the zero mark, confirming a correct entry point for selling...

Demand for the dollar decreased slightly yesterday afternoon, which was quite surprising given US data that indicated the opposite. Traders once again ignored the strong US labor market report, favoring...

The Tankan quarterly report does not yet show any clear signs of a deterioration in the economic situation due to the war in the Middle East. The business activity index...

If, in the coming hours, the euro consolidates above 1.1530—where the 21 SMA is located—it could present an opportunity for a technical rebound and could be viewed as a bullish...

Given that the British pound is under downward pressure, we could expect it to continue falling in the coming days until it reaches the lower band of the downtrend channel...

Trade analysis and guidance on trading the Japanese yen The price test at 159.48 occurred when the MACD indicator was just beginning to move up from zero, confirming a good...

Only the British pound could be traded in the first half of the day using the Mean Reversion strategy, but a proper upward reversal never materialized. I did not take...

The test of the 158.41 price level occurred when the MACD indicator had dropped significantly from the zero mark, which limited the pair's downward potential. The second test of 158.41...