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

The EUR/USD pair continued its decline on Thursday, consolidating below the 38.2% Fibonacci retracement level at 1.1682, and by Friday morning had already approached the next retracement level at 50.0%...

On the hourly chart, the GBP/USD pair continued its decline on Thursday and during the day broke below the support level of 1.3454–1.3466 and the 50.0% Fibonacci retracement level...

The S&P 500 notched its 18th record close of the year on insatiable investor demand for tech names. The IPO of chipmaker Cerebras was so heavily subscribed that buyers scrambled...

Yesterday, US equity indices ended higher. The S&P 500 rose by 0.77%, and the Nasdaq 100 gained 0.88%, while the Dow Jones Industrial Average fell by 0.55%. Today, however, futures...

Gold has fallen today to around $4,560 due to inflation risks and the geopolitical conflict in the Middle East. Most likely, by the end of the week, gold will lose...

Bitcoin and Ethereum had strengthened their positions yesterday, but today all gains have dissipated. Trading in BTC is around $80,500, while Ethereum has returned to the level of $2,240. Meanwhile...

The price test at 157.99 occurred when the MACD indicator was just beginning to move up from the zero mark, confirming the correct entry point for buying the dollar...

The price test at 1.3508 occurred when the MACD indicator was just beginning to move down from the zero mark, confirming the correct entry point for selling the pound...

The price test at 1.1704 coincided with the MACD indicator moving significantly below the zero mark, which limited the pair's downward potential. The acceleration of inflation in the US, fueled...

Demand for the US dollar has surged sharply, leading to a significant sell-off in risky assets. The British pound has been particularly affected. Rising US inflation, driven by the escalation...