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

The European currency approaches the new week in a rather negative mood. Buyers had long hoped for a tightening of the European Central Bank's monetary policy, for a deal that...

Everything comes to an end eventually. Donald Trump is confident that it will all end well, with a deal between the US and Iran. However, mutual shelling ahead...

The USD/JPY pair begins the new week with positive momentum, returning to the 159.50 level and aiming for a four-week high of 159.65 established last Thursday. This is explained...

The conflict in the Middle East is currently closer to the end than to the beginning. This circumstance contributes to the decline in Brent. May has been the worst month...

The wave pattern on the 4-hour chart for EUR/USD has undergone some adjustments. There is still no reason to consider the upward trend segment (lower chart), which began in January...

Last week, EUR/USD made several attempts to reverse in favor of the euro and resume its upward movement in line with the bullish trend originating from imbalance 13. However...

GBP/USD declined into bullish imbalance 18, reacted to this pattern, formed a Bullish Engulfing candlestick pattern, and then retraced into bearish imbalance 19. Since then, the pair has remained within...

Gold (XAU/USD) continues to post solid intraday losses, retreating from the $4,600 level — a two-week high recorded on Friday. Persistent geopolitical uncertainty, combined with hawkish expectations regarding Federal Reserve...

Gold (XAU/USD) continues to post solid intraday losses, retreating from the $4,600 level. From a technical perspective, XAU/USD maintains a short-term downward trend, trading within a descending parallel channel...

If the euro rebounds above the 3/8 Murray line in the coming days and consolidates above this zone, it could be considered a buying opportunity with targets...