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

Given that gold has reached the top of the secondary uptrend channel, we believe that a technical correction could occur in the coming hours towards the 21 SMA located...

The EUR/USD pair on Thursday rebounded from the corrective level of 100.0%-1.0696 and resumed its upward movement towards the corrective level of 76.4%-1.0764. The ascending trend channel continues to characterize...

On the hourly chart, the GBP/USD pair on Thursday rose to the level of 1.2517, rebounded from it, then rebounded from the Fibonacci level of 50.0% (1.2464), and returned...

Useful links: My other articles are available in this section: https://www.instaforex.com/analytics_authors?author=46 InstaForex course for beginners: https://www.instaforex.com/distance_training_program Popular Analytics: https://www.instaforex.com/forex_analysis Open trading account: https://www.instaforex.com/fast_open_new_account Important: The begginers in forex trading need...

POtential for the further upside movement on the USD/JPY...

USD/JPY is trading around 155.62, above 7/8 Murray, and within the bullish channel forming since April 15. In the H1 chart, we can see that the Japanese Yen is strongly...

EUR/USD Yesterday, it was difficult for the euro to close the day with a white candle, under pressure due to the high volatility of the stock market. The pair...

GBP/USD Yesterday, the pound closed the day up by 49 pips, the upper shadow reached the target level of 1.2525 on the Fibonacci 38.2% retracement. The Marlin oscillator moved downward...

AUD/USD The Australian dollar, along with the general market, rose yesterday. The upper shadow tested the daily balance indicator line. The Marlin oscillator entered positive territory this morning. The price...

Technically, the euro is within an uptrend channel. While trading within this channel, any technical correction will be seen as a signal to buy. On the contrary, a break below...