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

The EUR/USD pair remains within the local bearish impulse that began on April 17, while over the past four weeks bulls have done little more than halt the bears' advance...

The GBP/USD pair has posted strong gains in recent weeks, which could mark the beginning of a bullish trend. However, the pound is currently undergoing a corrective pullback that began...

*See also: InstaForex trading indicators for S&P 500 (SPX) The S&P 500 enters a decisive week, balancing around the key support area of 7,420–7,400 after a failed mid-month attempt...

Investors sharply cut positions in chipmakers amid fears that competition from Chinese AI startups and domestic foundries would undermine the world's leaders, whose stocks rallied on the back...

US equities came under meaningful pressure as resilience to high inflation and tight rates faded. The lofty expectations priced into AI names are no longer sufficient to outweigh macro risks...

The test of the 163.79 price level occurred when the MACD indicator had just started moving upward from the zero line, which confirmed the validity of the entry point...

The test of the 1.3301 price level occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. For this reason...

The test of the 1.1365 price level occurred at a time when the MACD indicator had just started moving downward from the zero line, which confirmed the validity...

Bitcoin and Ethereum showed no meaningful recovery after the Asian sell-off and are preparing to extend their decline during the second half of the day, following the US technology sector...

The British pound and the Canadian dollar were traded today using the Mean Reversion strategy. I did not trade anything using Momentum. The lack of fresh economic data, as expected...