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

Only the Canadian dollar performed very well today using the Mean Reversion strategy. I traded the yen using the Momentum strategy, but it did not deliver impressive results. Strong data...

The price test at 159.39 coincided with the MACD indicator just starting to move upward from the zero mark, confirming it as a good buying entry point for the dollar...

The euro, pound, and other risk assets continued to decline against the U.S. dollar after Iran, ignoring all warnings from the US, continued to intercept trading vessels in the Strait...

The euro is trading around 1.1711, below the Murray 4/8 level and under bearish pressure, and below the 21-period SMA, but approaching a key support level around the 200-period...

Gold may struggle to continue rising in the coming hours as it faces strong resistance around $4,750; below this level, downward pressure could emerge, and we could expect gold...

Last week, reports in the Japanese press indicated that the Bank of Japan is not particularly prepared to raise rates at its April 28 meeting. In particular, it has been...

Trade Analysis and Trading Advice for the Japanese Yen The price test at 159.37 occurred at a time when the MACD indicator had already moved significantly above the zero line...

The price test at 159.14 coincided with the MACD indicator just beginning to move downward from the zero mark, confirming the correct entry point for selling dollars. As a result...

The euro, pound, and other risk assets quickly recouped their losses from yesterday against the US dollar today, for objectively valid reasons. Yes, yesterday's positive data on US retail sales...

Trade Analysis and Tips for Trading the Japanese Yen The test of the 158.95 level occurred when the MACD indicator had just begun moving upward from the zero line, confirming...