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

NZD/USD bulls are acting cautiously, as risks associated with the Strait of Hormuz are providing some support to the US dollar as a safe-haven asset. Hopes for Iranian diplomacy...

Risks surrounding the Strait of Hormuz situation are increasing economic concerns, undermining the Japanese yen and supporting the pair. At the same time, fears of intervention are preventing yen bears...

The EUR/USD pair continued its upward movement on Tuesday and consolidated above the 61.8% Fibonacci level at 1.1770. Thus, the bulls may continue their attacks on Wednesday toward the 50.0%...

On the hourly chart, the GBP/USD pair continued its upward movement on Tuesday and secured above the resistance level of 1.3526–1.3539. Thus, the bulls may continue their offensive on Wednesday...

Bitcoin has been tracing a sort of upward move that is merely a correction for two months. This is clearly visible on the daily timeframe. The liquidity pool below remains...

The Bank of Japan has substantially revised up its forecast for the output gap between actual and potential production. PMI indices are at a very strong level — 52.9 —...

In March, Canada's economy added 14,000 jobs (+0.1% month?on?month), roughly in line with analysts' forecasts of a 15,000 rise — employment was essentially unchanged. Unemployment also held steady at 6.7%...

Yesterday's FX session was marked by sustained strong demand for risk assets. That optimism was driven primarily by reports that the US and Iran intend to take steps...

Gold With RSI(14) condition in the Neutral-Bullish area and EMA(50) as well as EMA(200) which forming a Golden Cross, Gold has the potential today to strengthen toward its nearest resistance...

Silver With RSI(14) indicator condition in the Extreme-Bullish level and both EMAs forming a Golden Cross, there is a huge probability that Silver will continue its bullish bias today toward...