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

Forex Analysis

Forex Analysis:::2020-10-26
What would Biden's victory mean for gold?
https://forex-images.ifxdb.com/userfiles/20201026/appsimage_analytics5f967a5881fa7.jpg
The latest presidential debate has ended, and polls show that Democratic candidate Joe Biden has the upper hand. This means that traders who have invested in gold should understand...
Forex Analysis:::2020-10-26
Trading idea for gold
https://forex-images.ifxdb.com/userfiles/20201026/appsimage_analytics5f969666ebcd9.jpg
The US presidential election is ahead, and many traders can use this as an impetus for growth in gold. For example, today, during the Asian trading session, gold made...
Forex Analysis:::2020-10-23
Weekly Ichimoku cloud analysis for Gold
https://forex-images.ifxdb.com/userfiles/20201023/appsimage_analytics5f92e21cd1bca.jpg
Gold price is trapped between the kijun-sen and the tenkan-sen indicators. Although longer-term trend in Ichimoku cloud terms remains bullish, there are some worrying signs that a bigger pull back...
Analysis News:::2020-10-23
Gold may have unlimited growth potential
https://forex-images.ifxdb.com/userfiles/20201023/appsimage_analytics5f92c175e1a17.jpg
Each new crisis leads to an increase in the already gigantic debt. The current coronavirus crisis has proven this again. To support the economy and the lives of citizens, printed...
Forex Analysis:::2020-10-23
Analysis of Gold for October 23,.2020 - Rejection of the support trendline and potential for the rally towards $1.930
https://forex-images.ifxdb.com/userfiles/20201023/appsimage_analytics5f92bdfea1aa1.jpg
Prior 53.7 Services PMI 46.2 v 47.0 expected Prior 48.0 Composite PMI 49.4 vs 49.2 expected Prior 50.4 The readings here fit with the narrative with what we have seen...
Forex Analysis:::2020-10-23
Trading idea for gold
https://forex-images.ifxdb.com/userfiles/20201023/appsimage_analytics5f9299be22424.jpg
Although yesterday, gold closed a level lower than we expected, our bullish trading idea for the medium-term is not canceled. The target profit remains at the price level of 1933...
Forex Analysis:::2020-10-23
GOLD Accumulates Bullish Energy
https://forex-images.ifxdb.com/userfiles/20201023/appsimage_analytics5f92a868baf99.jpg
XAU/USD has declined again in the short term as the USDX has registered a temporary rebound. The price is still located in the buyer's territory, so further growth is favored...
Analysis News:::2020-10-23
US stock market rises on Friday
https://forex-images.ifxdb.com/userfiles/20201023/appsimage_analytics5f929a00074ea.jpg
On Friday, the US stock market showed positive dynamics amid strengthening in the oil and gas markets and healthcare sectors. The Dow Jones rose by 0.54%, the S&P 500 gained...
Forex Analysis:::2020-10-23
Why does gold's only prospect is its price decline?
https://forex-images.ifxdb.com/userfiles/20201023/appsimage_analytics5f927ab647eb0.jpg
It was assumed last September that gold's price is unlikely to reach $ 2,000 per ounce in the near future. Why is this not happening in the wake...
Forex Analysis:::2020-10-22
Gold price gets rejected at cloud resistance
https://forex-images.ifxdb.com/userfiles/20201022/appsimage_analytics5f918af8d2d8c.jpg
Gold bulls were unable to break above $1,920 resistance and are now breaking below short-term support. Price got rejected at the cloud resistance we mentioned in our last analysis...
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