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

The wave analysis for the GBP/USD pair remains quite complex. A successful attempt to break the Fibonacci level of 50.0% indicated the market's readiness to build a downward wave...

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. At the moment, we observe the construction of the presumed wave 3 within wave...

Gold is trading around 2,330.57, above the 21 SMA, and above the 200 EMA. On the H4 chart, we can see that gold resumed its bullish cycle after reaching...

The EUR/USD pair continued the growth process on Friday, which ended only in the resistance zone, consisting of four levels: 1.0764, 1.0785, 1.0797 and 1.0806. We can assume that...

On the hourly chart, the GBP/USD pair continued upward movement on Friday, reaching 1.2611. The bounce of quotes from this level favored the US dollar, but the decline...

The upcoming week is expected to see a general sideways movement in the price of the British pound major. One should expect growth towards the calculated resistance zone...

The government data on the US labor market published on Friday interrupted the victorious pace of robust employment in the US economy since the end of last year. Strong NFPs...

As the US Federal Reserve maintains a firm stance, investors are preparing for a year of minimal rate cuts. The federal funds rate, currently at 5.25–5.5%, reflects the strategic restraint...

The upcoming week is expected to see a general sideways movement in the euro's price. In the coming days, one should expect an increase towards the calculated resistance zone. Subsequently...

Potential for the further rally on Dollar Index...