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

Throughout the week, despite clear expectations of further rate cuts, the euro has demonstrated a sharp rally against the U.S. dollar. It is almost certain that the European Central Bank...

Gold is attracting sellers today, yet it manages to hold above the $2,900 level. Despite selling pressure, gold remains above $2,900 as market sentiment shifts toward riskier assets. The recent...

The USD/CAD pair is rebounding from the 1.4300 level, which marks the weekly low, but its recovery may face significant hurdles. The U.S. dollar index has dropped close to November...

According to U.S. Commerce Secretary Howard Lutnick, who took office on February 19, 2025, President Donald Trump is preparing a strategic cryptocurrency reserve proposal, set to be unveiled this Friday...

The 148.95 price test occurred when the MACD indicator had just started moving downward from the zero mark. In the context of the dollar's downtrend, this confirmed a valid short...

The 1.2918 price test occurred when the MACD indicator had already moved significantly above the zero mark, limiting the pair's upward potential. For this reason...

No tests of the levels I outlined occurred in the first half of the day. A decline in volatility ahead of the ECB's key meeting is evident. The three-day rally...

In my morning forecast, I highlighted the 1.2919 level as a key decision point for market entry. A look at the 5-minute chart shows that a false breakout around 1.2919...

In my morning forecast, I focused on the 1.0818 level as a key point for making trading decisions. A look at the 5-minute chart reveals that a false breakout...

If gold consolidates below the 21 SMA, the outlook may remain negative for the next few days. Hence, we will look for opportunities to continue selling with a target...