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

The Japanese yen is under pressure. On Monday, Nikkei Asia reported that Japan's Prime Minister, Sanae Takaichi, plans to begin discussions on tax reform this week. The main goal...

From a technical standpoint, yesterday's close above the psychological level of 155.00 has given the USD/JPY pair new upward momentum. Moreover, oscillators on the daily chart are positive and have...

Bitcoin reached $89,150 after a sharp technical correction following the break of the important support level of $93,750. Bitcoin is recovering some of its losses and is now trading around...

If EUR/USD consolidates above 1.1606, we expect it to continue rising. So, the price could reach 1.1718 and could even rise above the gap left at about 1.1740 in September...

If gold breaks decisively in the coming hours and consolidates above 4,062, we could expect it to continue rising until it reaches the 21 SMA located at 4,103 and could...

Trade Analysis and Recommendations for the Japanese Yen The price test at 155.01 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a correct...

While the U.S. dollar is in demand among traders who are reassessing their riskier strategies ahead of important data expected this week, Federal Reserve Vice Chair Philip Jefferson said...

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The price test at 154.83 coincided with the MACD indicator just beginning to move upward from the zero mark, providing a good entry point to buy the dollar, resulting...

The euro continued to lose ground against the dollar, while the pound remained trading within a sideways channel. Pressure on the Japanese yen significantly increased following news of a contraction...