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

Bitcoin and Ether are trapped within ranges ahead of key U.S. data that could determine the market direction in the near term Despite the possibility that the market could react...

The test of the 162.22 level occurred when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling the dollar...

The test of the 1.3369 level occurred when the MACD indicator had just started moving upward from the zero line, confirming a valid entry point for buying the pound...

The test of the 1.1402 level occurred at a time when the MACD indicator had moved significantly above the zero line, which limited the pair's upward potential. For this reason...

The Mean Reversion strategy did not generate any valid signals for the euro or the British pound today. The Canadian dollar was traded using the Momentum strategy. With no eurozone...

Gold (XAU/USD) is attempting to recover and continues to trade near the two-week low reached earlier on Tuesday. Nevertheless, during the first half of the European session, the precious metal...

Escalating tensions between the United States and Iran, together with expectations of higher Federal Reserve interest rates, continue to support the U.S. dollar, which is likely to limit gains...

On Monday, the EUR/USD pair made another reversal in favor of the U.S. dollar and once again consolidated below the 100.0% Fibonacci retracement level at 1.1409. Therefore, the decline...

On the hourly chart, the GBP/USD pair consolidated below the 76.4% Fibonacci retracement level at 1.3382 on Monday, suggesting a continuation of the decline toward 1.3335 and 1.3298. A rebound...

People tend not to act until the thunder strikes. And investors had long turned a blind eye to the smouldering US–Iran conflict until fresh clashes around the Strait of Hormuz...