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

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...

Trade analysis and guidance on trading the Japanese yen The test of the 155.64 price level occurred when the MACD indicator had already moved far below the zero line, which...

While the Fed continues lowering interest rates, the Bank of Japan will likely resume cutting its own rates — something the regulator's chairman, Kazuo Ueda, hinted at quite explicitly. Previously...

The test of the price level at 155.74 coincided with the MACD indicator moving significantly below the zero mark, limiting the pair's downside potential. For this reason...

The dollar continues to face issues. As statistics indicate, the number of initial jobless claims in the US has sharply increased, exceeding economists' forecasts, leading to another decline...

Short positions could only make sense if the price of Ether falls below the 200 EMA and $3,190. In this case, we could expect it to reach the 2/8 Murray...

Our trading plan for the next few hours is to sell the euro in case of a pullback towards 1.1765. Even if the price reaches the 5/8 Murray, it could...

Gold could undergo a technical correction in the coming hours and could reach the key 7/8 Murray support around $4,218. Even if the bearish force prevails, we could expect...

Bitcoin is trading around $92,506 below the 200 EMA and below the 3/8 Murray, showing signs of exhaustion. BTC has been consolidating around this area for more than three weeks...

The intraday drop below the round level of 156.00 and the 100-hour and 200-hour simple moving averages (SMA) confirms the possibility of further declines amid negative oscillators on the hourly...