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

Although markets are sluggish ahead of the upcoming holiday and long weekend in the US, stock indices are rising, while Treasury yields and dollar are falling. This is mainly...

Today's pre-Christmas period trading day began with the dollar on the offensive. It is rising against all major currencies, including commodity currencies such as the New Zealand dollar, the Australian...

The general direction of the euro's movement along the support zone is anticipated to continue at the start of the upcoming week. In the second half, activation and the start...

The USD/CAD pair failed to resume its downside movement and now it has managed to jump above 1.3325 and above the downtrend line. These represented upside obstacles, so stabilizing above...

The 1.3% increase of US retail sales in October dampened the talks of a rapid slowdown in inflation. Fed officials actively commented on the data earlier, mentioning possible changes...

Due to a strong fall on Thursday, the DXY dollar index closed the week deep in negative territory, falling more than 3%, also falling below 108.00 (from 2-month-old levels). Next...

The annual CPI in the US slowed down to 7.7% in October from 8.2% in September. The core CPI also slipped to 6.3% from 6.6%. Both readings are considerably lower...

The USD/CAD pair rebounded and recovered today but the downside pressure remains high. As you already know, the Dollar Index crashed, being in a corrective phase since last Friday, after...

Today we take a look at USDCAD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups...

After a very busy and highly volatile previous two weeks, the upcoming trading week will be more relaxed. We will not receive many important macro statistics. Nevertheless, market participants will...