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

Speed matters. Unlike the Federal Reserve, which surprised investors with its intention to do more than they had expected, the Bank of Japan disappointed them. It raised the overnight rate...

I advise beginner traders to trade based on the most common wave structures. Anyone who has studied wave analysis even superficially knows that impulsive structures consist of five waves, while...

The wave count on the 4-hour chart for EUR/USD is becoming more complex. There is still no question of invalidating the upward trend segment (lower chart), which began in January...

On Friday, USD/CAD trades in a narrow range, remaining below the psychologically important 1.4000 mark — a high touched this week — but spot quotes continue to edge higher, supported...

The US Dollar Index (DXY), which tracks the dollar's performance against a basket of currencies, is holding a positive tone and showing resilience near 100.35, remaining close to the high...

No matter how hard the US Treasury tried to push down Treasury yields with reverse buyback operations, yield rates surged to their highest level since 2007. But once...

The USD/JPY pair is moving confidently toward the 200-day EMA, having broken the round 157.00 level during the European session — after the Bank of Japan's press conference. The initial...

On Thursday, EUR/USD reversed in favor of the European currency and consolidated above the 61.8% retracement level at 1.1473. Thus, the upward move may continue toward the next Fibonacci level...

On the hourly chart, GBP/USD fell to the 23.6% retracement level at 1.3339 on Thursday. A rebound from this level worked in favor of the pound. The pair began rising...

Gold prices (XAU/USD) continue to rise for the second consecutive day, reaching new weekly highs on Friday. Bulls are preparing for a breakout above the key $4,400 level before opening...