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

Over the weekend, Iran once again imposed a blockade on the Strait of Hormuz, but the situation in this beleaguered waterway is becoming increasingly convoluted by the day. Perhaps...

XAU/USD: Inflation concerns driven by rising oil prices outweigh gold's traditional role as a safe haven. A key moment will come on Tuesday when the CPI data is released...

At the end of last week, USD/CAD updated a three-week price low despite a general strengthening of the U.S. dollar. Bearish dynamics persist on Monday, as the pair is again...

The GBP/USD pair receives some support near 1.3382, but it lacks bullish momentum and remains below the round level of 1.3400. However, spot prices are being held back from...

The EUR/USD pair remains within a local bearish impulse, although the bulls have gained some opportunities over the past two weeks. However, the euro's advance during this period has been...

The GBP/USD pair posted a fairly strong advance, which could mark the beginning of a bullish trend. In my view, the U.S. dollar's rally between June 17 and June...

Bitcoin and Ethereum attempted a modest recovery during the first half of the day. However, the gains were limited to minor upward corrections, after which selling pressure returned...

The test of the 162.15 level occurred when the MACD indicator had just started moving upward from the zero line, confirming a valid entry point for buying the U.S. dollar...

The test of the 1.3387 level occurred when the MACD indicator had just started moving upward from the zero line, confirming a valid entry point for buying the pound...

The test of the 1.1409 level occurred when the MACD indicator had just begun moving higher from the zero line, confirming a valid buy entry for the euro...