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FX.co ★ Analytics BCHUSD | Bitcoin Cash Rate in the Forex market

Forecast for USD/JPY on May 17, 2024

USD/JPY The USD/JPY pair unexpectedly fell by 270 pips over two days and yesterday's lower shadow hit the support of the MACD line on the daily chart at the point...
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Analytical expert: Laurie Bailey
2024-05-17

Outlook for GBP/USD on May 17. Pound corrected "for a tick"

GBP/USD slightly retreated from the week's highs on Thursday. In general, Wednesday and Thursday allowed us to draw a nearly unequivocal conclusion about the nature of the pair's movements...
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Analytical expert: Paolo Greco
2024-05-17

Outlook for EUR/USD on May 17. A modest correction might not have happened

The EUR/USD pair went through a minor bearish correction on Thursday. It was so weak that it's unclear whether the pair will even drop to the Senkou Span B line...
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Analytical expert: Paolo Greco
2024-05-17

The yen got its way

Third time's the charm. Did the Bank of Japan intervene in the Forex market for the third time in the past two and a half weeks? Or was the sharp...
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Analytical expert: Marek Petkovich
2024-05-16

Will the dollar rise from its knees?

After the party comes the hangover. The EUR/USD surged to its highest levels since the end of March, and it brings a sense of deja vu. Back then, just...
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Analytical expert: Marek Petkovich
2024-05-16

Analysis of GBP/USD pair on May 16th

The wave analysis for the GBP/USD pair remains quite complex. A successful attempt to break through the 50.0% Fibonacci level in April indicated the market's readiness to build a downward...
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Analytical expert: Chin Zhao
2024-05-16

Analysis of EUR/USD pair on May 16th. Has the euro exhausted its growth potential?

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. We are currently observing the construction of the presumed wave 3 within wave...
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Analytical expert: Chin Zhao
2024-05-16

USD/JPY: Simple trading tips for novice traders on May 16th (US session)

Trade analysis and tips for trading the Japanese yen The price test at 154.17 occurred when the MACD started moving up from the zero mark, confirming the scenario for buying...
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Analytical expert: Jakub Novak
2024-05-16

GBP/USD: Simple trading tips for novice traders on May 16th (US session)

Trade analysis and tips for trading the British pound The initial test of the price at 1.2670 occurred when the MACD indicator had descended significantly from the zero mark, limiting...
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Analytical expert: Jakub Novak
2024-05-16