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

Due to very low volatility, suitable entry points using the Mean Reversion strategy never materialized. Using the Momentum strategy, I traded only the Japanese yen. Eurozone industrial production data showed...

The Australian dollar started the new trading week on a negative note. This time, it was let down by China, which published relatively weak macroeconomic data today. It's worth noting...

The euro and the British pound maintain their prospects for further gains against the US dollar. The Japanese yen appreciated significantly today, as traders believe the Bank of Japan will...

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...

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...

On Thursday, starting in the European session, the Australian dollar sharply bounced against the U.S. dollar from the 100-hour simple moving average (SMA) — this favors the bulls. By overcoming...

The released report on the Australian labor market was indeed mixed. Overall, the forecasts were not met: some components of the release came in the green zone, but most were...

Given the very small spike in volatility in the first half of the day, no valid entry points were formed for the Mean Reversion strategy. Using the Momentum strategy...

The dollar is facing challenges. Yesterday, the Federal Open Market Committee voted to lower the key interest rate by a quarter percentage point, leading to a weakening of the dollar...

The AUD/USD pair continued to press the 0.6650 resistance level, which corresponds to the upper line of the Bollinger Bands on the H4 timeframe, while awaiting the results...