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

Yesterday's rally in the pair encountered resistance around the 100-hour Simple Moving Average (SMA) near 156.70. This level has become a key barrier before further broad-based growth. A sustained move...

Trade Analysis and Tips for Trading the Japanese Yen The price test of 156.20 occurred at a moment when the MACD indicator had already moved significantly upward from the zero...

The outlook remains bullish for the euro in the coming hours, and EUR/USD could continue its rise. So, as long as the price remains above the 21 SMA located...

Bitcoin is trading around $90,927 after a bullish rally following its low of $80,000. Bitcoin is now overbought, as can be seen on the H4 chart. We could expect Bitcoin...

Gold could resume its bearish cycle in the coming days if it falls below the 61.8% Fibonacci level and could continue to fall in the coming hours if it consolidates...

On Thursday, the GBP/JPY pair showed a sharp downward reversal while continuing to trade near the record high reached on Wednesday — the highest level since July 2024. Current spot...

Today, the EUR/USD pair is attempting to rise for the fourth day in a row, trying to gain support above the round level of 1.1600. The US Dollar Index (DXY)...

In recent days, the Japanese yen has risen slightly against the US dollar, though the growth is largely technical. In his speech, Asahi Noguchi, a member of the Bank...

The price test at 156.55 coincided with the MACD indicator just beginning its upward movement from the zero mark, confirming the correct entry point for buying the dollar...

The dollar continued to lose ground yesterday—especially against the British pound—and there were sufficient reasons for it. Despite a brief impulse in the dollar after the release of data...