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

Gold (XAU/USD) is struggling to hold above the $3,960 level. At the same time, the overall bearish fundamental backdrop suggests that the path of least resistance for the precious metal...

The EUR/USD pair rebounded from the 50.0% Fibonacci retracement level at 1.1472 on Thursday and declined toward the 38.2% Fibonacci level at 1.1438. A rebound from this level today would...

On the hourly chart, the GBP/USD pair rebounded from the 1.3526–1.3543 resistance level on Thursday, reversed in favor of the US dollar, and declined toward the 1.3454–1.3457 support level...

The best is the enemy of the good. That sums up investor reaction to Taiwan Semiconductor Manufacturing Co.'s results. The Taiwanese giant reported its fifth consecutive quarter of record profit...

Even amid the general weakening of the dollar, buyers of USD/JPY feel quite confident. The key driver of this movement remains not the strength of the greenback, but the persistent...

Bitcoin has recovered to $6,000 and is likely to continue moving toward the only bearish Fair Value Gap (FVG) on the daily chart. In this case, we can expect...

There are a few macroeconomic publications scheduled for Friday, and none are significant. In the European Union, the second estimate of inflation for June will be released today...

The GBP/USD pair corrected on Thursday after a significant rise the day before. The British pound lost approximately 90 pips. In the morning, relatively mediocre GDP and industrial production data...

The EUR/USD currency pair showed no interesting movements during Thursday's trading. Earlier, the European currency demonstrated decent growth, and two days prior, it also rose well. Over these two days...

The GBP/USD currency pair declined by 90 pips on Thursday, losing a significant portion of what had been "hard-earned" on Wednesday. Recall that on Tuesday and Wednesday, inflation...