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

At the start of the new week, the Japanese yen strengthened against the U.S. dollar, pushing USD/JPY down to the psychological level of 155 as investors digested the results...

On the contrary, if the euro falls below 1.1760, we could expect a technical correction, and EUR/USD could reach 4/8 Murray around 1.1718 and finally, reach the bottom...

As long as the price remains below $4,350, it could be seen as an opportunity to open short positions with targets at $4,300 and the 21 SMA located at $4,270...

Bitcoin is trading around $89,797 within the uptrend channel formed since November 24, rebounding after reaching the bottom of the uptrend channel at the 2/8 Murray line located at $87,500...

If Ethereum reaches the strong resistance zone around $3,437, which also coincides with the top of the uptrend channel around $3,500. If the price settles below the zone...

The yen strengthened again against the U.S. dollar after the Bank of Japan pointed to further progress on wages, a key factor that effectively confirms the need for an interest...

Trade Breakdown and Tips for Trading the Japanese Yen The test of the 155.28 price level occurred at a moment when the MACD indicator was just beginning to move upward...

The test of the price level at 155.85 coincided with the MACD indicator beginning to move downward from the zero mark, confirming a good entry point to sell the dollar...

The euro and the British pound maintain their prospects for further gains against the US dollar. The Japanese yen appreciated significantly today, as traders believe the Bank of Japan will...

Today, the British pound, Australian dollar, and Canadian dollar were traded using the Mean Reversion strategy. I traded only the Japanese yen using the Momentum strategy. Inflation data from...