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

Donald Trump has dismissed the Director of the U.S. Bureau of Labor Statistics, Erica McEntarfer. If it were up to him, he would have fired Federal Reserve Chair Jerome Powell...

The AUD/USD pair is showing a corrective rise due to the overall weakening of the U.S. dollar. The pair's current growth is not driven by the Australian dollar itself, which...

The Industrial Production Index rose by 1.7% m/m in June, marking the first increase in three months. This result contradicted market expectations (Bloomberg had forecast a decline of 0.8% m/m)...

Everything is coming full circle. After Donald Trump's inauguration, investors envisioned a stagflation scenario: tariffs would fuel inflation, while anti-immigration policies and mass layoffs of government employees would cool...

The wave pattern for the GBP/USD pair continues to indicate the formation of an upward impulsive wave structure. The wave picture closely resembles that of EUR/USD, as the sole "driver"...

The wave pattern on the 4-hour chart of the EUR/USD pair has remained intact for several months, which is very encouraging. Even during corrective phases, the structure's integrity is preserved...

Today, gold is consolidating near Friday's high. At the same time, the U.S. dollar is starting the new week with moderate gains, partially recovering from Friday's losses triggered by weaker-than-expected...

In the coming hours, we can sell gold below 3,385 with a target at the 6/8 Murray level at 3,359. If gold breaks below this area, we could resume short...

If Bitcoin resumes its bearish cycle, we could expect it to fall below $114,000. Then, it could reach the 4/8 Murray line and 112,500, and even fall to the bottom...

Early in the American session, the euro is trading around 1.1580, below the 200 EMA and with a strong technical rebound. After the sharp drop due to the US Non-Farm...