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

Buyers fully absorbed Thursday's modest correction, reversing the previous pullback and resuming the upward trend. Persistent uncertainty surrounding global trade, rising geopolitical risks, and growing concerns over the prolonged U.S...

Throughout the day, the yen failed to meet expectations for intraday gains relative to a softer U.S. dollar, as market participants focused on Japan's evolving political landscape. According...

The topic of a fresh round of confrontation between China and the United States has been discussed endlessly—yet there's simply no other issue commanding more attention in the market...

The USD/CAD pair has been trading within a clearly defined upward trend for five consecutive weeks. Key drivers include the dovish stance of the Bank of Canada, softness...

The downgrade of France's credit rating by S&P Global Ratings came as a bolt from the blue for EUR/USD. Bulls believed the political drama had ended, but this event brought...

The wave pattern for GBP/USD continues to indicate the formation of an upward wave structure (see second chart), but over the past few weeks, it has become more complex...

The wave pattern on the 4-hour chart for EUR/USD has transformed — unfortunately, not for the better. It's still too early to conclude that the upward segment of the trend...

Trade Analysis and Advice on Trading the Japanese Yen The price test at 150.74 in the first half of the day occurred when the MACD indicator had just started moving...

Trade Analysis and Advice on Trading the British Pound The price test at 1.3416 occurred when the MACD indicator had already moved significantly below the zero mark, which limited...

Trade Analysis and Advice on Trading the European Currency The price test at 1.1653 occurred when the MACD indicator had already moved significantly below the zero mark, which limited...