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

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...

The price test at 159.59 coincided with the MACD indicator just beginning to move downward from the zero mark, confirming the correct entry point for selling the dollar...

If crude oil continues to rise in the coming hours and consolidates above $93, this could be seen as an opportunity to buy with a target at the psychological level...

If gold fails to consolidate above $4,800, we could view this area as a signal to sell below the 200 EMA with a target at $4,715. We could even expect...

If the British pound continues to rise, we could expect it to reach the 7/8 Murray line around 1.3549 and could even reach the top of the uptrend channel formed...

If the technical rebound continues and the euro consolidates above 1.17, this could be seen as a signal to continue buying with targets at the 4/8 Murray level; ultimately...

Gold is trading around $4,725, rebounding after opening this week with a gap at about $4,631. From these levels, gold has been rebounding and has recouped some of its losses...

Trade Review and Tips for Trading the Japanese Yen Due to reduced volatility, the price did not test the levels I had identified during the first half...

Today, only the British pound could be traded using the Momentum strategy. There was also a suitable Mean Reversion setup for the Australian dollar, but the expected reversal never materialized...

"Hungary chose Europe," European Commission President Ursula von der Leyen wrote on social media. Given the vigor with which the US president had backed the now-ousted Hungarian leader, that defeat...