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

GBP/JPY continues to move confidently within a long?term uptrend, driven by the fundamental weakness of the yen. The pound, in turn, is supported by hawkish expectations, although tomorrow's GDP data...

Trade analysis and tips for trading the Japanese yen The test of the 158.86 level occurred when the MACD indicator had just started moving downward from the zero line, confirming...

The euro and the Canadian dollar were traded today using the Mean Reversion strategy, but strong reversals did not materialize. Using the Momentum strategy, I traded the Australian dollar...

The Bank of Japan has substantially revised up its forecast for the output gap between actual and potential production. PMI indices are at a very strong level — 52.9 —...

The price test at 158.70 coincided with the MACD indicator just beginning to move downward from the zero mark, confirming a valid entry point for selling the dollar. However...

The euro, pound, and other risk assets continued to rise against the U.S. dollar. The dollar reacted to U.S. President Donald Trump's statements that the war with Iran is over...

Gold has upside potential as it is technically trading above the 21 SMA and the 200 EMA. So, we believe it could continue rising in the coming days and even...

If the British pound consolidates below 1.3585, this could be seen as a signal to sell in the coming hours, with targets at the 7/8 Murray level around 1.3550...

Given that the Eagle indicator is showing an overbought condition, we could decide to sell below 1.1840. If the price moves toward this zone or from current price levels...

Trade analysis and tips for trading the Japanese yen The test of the 159.07 price level occurred at a moment when the MACD indicator was just beginning to move downward...