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

Oil prices jumped again after the US carried out strikes in southern Iran and talks with Tehran sent a slew of mixed signals. This matters for the market because such...

Even if the armed conflict in the Middle East ended tomorrow, central banks would still need to raise interest rates. The energy infrastructure of Persian Gulf countries has suffered significant...

As the euro struggles to make further gains against the dollar amid renewed risk of a breakdown in US-Iran peace talks, Isabel Schnabel, a member of the European Central Bank's...

The test of the 159.15 price level occurred at a moment when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential...

The test of the 1.3470 price level occurred at a moment when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward potential...

Due to low market volatility, the price did not reach the levels I identified during the first half of the day. Given the absence of important fundamental data from...

Until recently, the Eurozone economy had been demonstrating solid growth, supporting forecasts for further increases in GDP and inflation. It was expected that the ECB would be able to raise...

Today, only the British pound was traded using the Mean Reversion strategy, which resulted in a small upward corrective movement in the pair. I did not take any trades using...

Recent events indicate that the United States is not truly seeking an agreement with Iran and, consequently, is not aiming to achieve peace in the Middle East. Its actions appear...

On Monday, the EUR/USD pair consolidated above the 50.0% Fibonacci corrective level at 1.1630, allowing traders to expect continued growth toward the next Fibonacci level of 38.2% at 1.1682...