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

Given that the uptrend channel is acting as support, we will look for buying opportunities in the coming days with a target at the 21 SMA at $1,916. Ultimately...

A consolidation of Bitcoin above $65,747—where the 21-day simple moving average (SMA) and the 1/8 Murray line are located—could be seen as an opportunity to continue buying, since, above this...

If the downward pressure persists, gold is likely to reach $4,010 in the coming hours, which represents the first daily support level (S_1). If XAU breaks below this zone...

The EUR/USD currency pair showed some interesting movement on Thursday. Immediately after the announcement of the European Central Bank meeting results (which, by the way, didn't surprise traders at all)...

The GBP/USD currency pair continued its downward movement on Thursday, although the British currency had even less reason to decline than the euro. We saw a decent rise...

Nasdaq shares jumped by 2.0% in pre-market trade after the company released its quarterly report, beating analyst expectations for revenue and earnings, recording double-digit growth across key lines and announcing...

Lagarde also noted that the effects of rising energy prices could manifest for a considerable time. In other words, inflation may not fully react to a specific rise...

The euro is under pressure against the British pound as traders analyze the latest statement from the European Central Bank (ECB) regarding monetary policy. As of the writing, EUR/GBP...

The USD/JPY pair continues its confident ascent, breaking the psychologically important level of 163.00 and reaching highs not seen since December 1986. The Japanese yen is under significant pressure from...

The GBP/JPY pair attempted to rise above the round level of 218.00. Rumors of potential intervention by Japanese authorities to support the national currency are putting pressure on spot prices;...