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

On Tuesday, I wrote that the probability of at least one Federal Reserve interest rate hike by the end of the year currently stands at around 70%, according...

Almost all components of the CPI report published on Wednesday met expectations, reflecting acceleration in both overall and core annual inflation. At first glance, this appears to be a significant...

After the publication of US inflation data on Wednesday, the precious metal attempted a brief bounce, but it was quickly negated. At one point, the price fell below the psychologically...

An official release from the Bank of Japan states that Kazuo Ueda has been hospitalized. Furthermore, Ueda will not be able to participate in the two-day monetary policy meeting scheduled...

Conversely, if Ethereum consolidates above the 21-period SMA at $1,655 in the coming hours, we could expect the bullish cycle to resume, potentially reaching the 2/8 Murray level around $1,750...

The Eagle indicator is reaching oversold levels, so we believe the euro could consolidate above 1.15 in the coming days. Given this scenario, a technical bounce above the 6/8 Murray...

Crude oil is likely to continue rising, as we observe the formation of a double-bottom pattern around $85.50. This pattern could indicate a positive scenario for crude...

If Bitcoin consolidates above $61,000, the outlook could be positive and would be viewed as a buy signal with targets at the upper band of the descending trend channel around...

EUR/USD continues to drift gradually lower. This week, bulls have already made two attempts to halt the bearish advance, but both ended unsuccessfully. Although the Nonfarm Payrolls report does...

GBP/USD has a good opportunity to continue its decline after reacting to bearish imbalance 19. However, the situation is not as straightforward as traders might prefer. Following Friday's decline triggered...