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

The trading plan presented last March 22 talked about setting a grid of sell limits in GBP/JPY after the breakdown of 158. The pair realized this scenario yesterday night, making...

For the coming week, it is recommended to keep trading on the euro market within individual trading sessions. It is safer to reduce the trading lot. In the area...

GBP/JPY had no time to consolidate near 158.00 rather it broke right through this support and should soon see a test of the 38.2% corrective target at 154.41 and likely...

In addition to the fact that the pound itself has a rather tense relationship with the US dollar, Britain's currency is also threatened by the policy of Britain itself...

Let's take a look at the technical picture of GBP/USD, GBP/JPY, SP500 and Bitcoin...

GBP/JPY has broken below the neckline support calling for more downside pressure towards at least 154.41 but more likely closer to the 50% corrective target at 150.09. Short-term we should...

GBP/JPY should see a strong test of the neckline support near 159.77 anytime now and a break below here confirm a continuation lower to the 154.41 target and maybe even...

We see a should/Head/Should top building and the neckline support currently sitting near 159.63 a clear break below the neckline support will call for a continuation lower towards support...

Let's take a look at the technical picture of GBP/USD, GBP/JPY and USDX ahead of BoE interest rate decision...

It is not recommended to trade in the euro market today as it is risky and may lead to losses. It is better to enter the market only after...