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

Positive data from Japan reinforce expectations of more aggressive BOJ tightening and support the yen. The fundamental bearish backdrop suggests that any recovery attempts will likely...

In the coming days, the sideways movement of the European currency is likely to continue, with an overall downward bias. A pause, reversal, and subsequent rise in the exchange rate...

At the beginning of the week, sideways movement is expected on the euro chart along the support zone. In the second half of the week, volatility may increase, followed...

In the coming days, the euro is expected to remain in a sideways range. The estimated resistance zone is likely to cap further gains and create conditions for a reversal...

The GBP/JPY cross pair was demonstrating a downward trajectory on Wednesday in response to the UK's unfavorable inflation report. However, it may not be wise to trust this downward momentum...

Only a decisive break above 1.3518 and consolidation above the 21 SMA and above the downtrend channel could support a recovery in GBP/USD, potentially reaching the 200 level around 1.3552...

The GBP/JPY pair fell below the 211.00 level amid renewed rumors of possible government intervention aimed at supporting the Japanese yen. However, spot prices quickly recovered, rebounding from the 210.75...

On Monday, the British pound slightly strengthened against the Japanese yen, breaking a two-day losing streak. This strengthening occurred amid renewed tensions in the Strait of Hormuz, which contributed...

In the coming days, a generally sideways movement is expected for the euro. After a likely rise and rebound from the resistance zone, a reversal and the beginning...

GBP/JPY continues to move confidently within a long-term uptrend, driven by the fundamental weakness of the yen. The pound, in turn, is supported by hawkish expectations, although tomorrow's GDP data...