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

The euro and British pound were both traded today using a Momentum strategy. I did not take any trades using Mean Reversion. Important data is expected next, which will determine...

The EUR/CAD pair continues to rise confidently for the third consecutive day, trading near the 100-day SMA. This pair is showing steady upward momentum, as the euro maintains its strength...

On Thursday, the EUR/USD pair reversed once again in favor of the U.S. dollar and consolidated below the 50.0% Fibonacci retracement level at 1.1745. As a result, the pair's decline...

On the hourly chart, the GBP/USD pair on Thursday rebounded from the resistance level of 1.3596–1.3620 and declined toward the support level of 1.3513–1.3539. However, price action over the past...

On Friday, the EUR/USD pair is showing moderate gains, as hopes for a peaceful resolution to the conflict between the U.S. and Iran have weakened the U.S. dollar — traditionally...

Hopes for a peace agreement between the U.S. and Iran are counteracting the renewed hostilities and undermining the U.S. dollar. Lower expectations for a Federal Reserve rate hike are also...

Yesterday, oil prices rose amid the resumption of clashes between American and Iranian forces, which overshadowed the prospects for concluding a deal to end the 10-week war. The price...

Yesterday marked a correction for the gold market; however, today the precious metal showed signs of recovery. This brief decline, following a prolonged period of growth, did not undermine...

Yesterday, equity indices finished slightly lower. The S&P 500 fell by 0.38%, the Nasdaq 100 slipped by 0.13%, and the Dow Jones Industrial Average corrected by 0.63%. In the final...

Bitcoin continues to decline and has already tested the $79,200 mark. Ethereum has also dropped significantly, trading at $2,276. All of this is occurring against the backdrop of escalating military...