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

European Currency Trading Analysis and Trading Tips The price test at 1.1255 occurred when the MACD indicator had just started moving downward from the zero line, confirming a suitable entry...

The four-hour (H4) chart for gold (GOLD, H4) reveals a significant technical development: the price has exited its corrective downward path, breaking above the descending price channel. This move coincides...

On Wednesday, EUR/USD rebounded from the 127.2% retracement level at 1.1220 and posted some gains toward the 100.0% Fibonacci level at 1.1325. However, as traders often put it, price movements...

High inflation figures (CPI) in the eurozone have strengthened expectations of interest rate hikes by the European Central Bank, providing additional support for the euro and the EUR/USD currency pair...

On the hourly chart, GBP/USD consolidated above the 1.3454–1.3469 support level on Wednesday and subsequently rebounded from it. However, on Thursday morning, the pair returned to this zone. Therefore, another...

Yesterday, one of the leading candidates for ECB president, Klaas Knot, signaled that a tight monetary policy at the bank is likely to stay for a long time. He said...

Today, WTI is trading around $87/bbl after plunging from $96 to $86 over two days. On Wednesday, US crude slumped more than 8% and closed at $88.12, and the decline...

Yesterday, Bitcoin rose 3.5% to $80,500, fully recouping losses from the Binance hack, while Ethereum gained nearly 6% to $2,433. Solana and XRP were more modest, up about 2.5%...

US equity markets rallied sharply on the Democrats' midterm win. AI trading had been sucking up all the oxygen in financial markets, but a rotation into other names helped most...

Gold extended gains today following Wednesday's more than 3% jump. The metal added about 1.9% to trade near $4,139/oz. Wednesday marked the strongest daily rise since August and pushed gold...