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

Forex Analysis

Forex Analysis:::2024-04-22T11:25:51
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 22nd
In the coming days, a general sideways movement of the euro is expected. After a likely rebound from the resistance zone, a reversal and resumption of the pair's downtrend...
Forex Analysis:::2024-04-15T11:35:24
Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 15th
During the upcoming week, price fluctuations of the euro are expected to transition predominantly into a sideways movement. In the first half, a gradual upward retracement towards the upper boundary...
Forex Analysis:::2024-04-08T08:33:42
Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold
Next week is expected to see movement in the euro's price within a sideways range, bounded by calculated reversal zones. At the beginning of the week, there is a high...
Forex Analysis:::2024-04-03T21:26:03
Canadian dollar receives unexpected support. Overview of USD/CAD
Canada's GDP increased 0.6% in January, the strongest growth since January 2023, preliminary estimate of February GDP points to a growth of 0.4%, first quarter economic activity is tracking...
Forex Analysis:::2024-04-01T10:57:44
Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, and Gold
In the upcoming week, we can expect the completion of the downward trend of the euro, possibly reaching the calculated support levels. A reversal formation is anticipated in the second...
Forex Analysis:::2024-03-27T10:29:05
Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold from March 27th
EUR/USD Analysis: Quotes of the main euro pair continue the downward trend that began in July of last year. Since the end of December, the price has been forming...
Forex Analysis:::2024-03-11T09:24:25
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on March 11th
During the upcoming week, the euro's price is expected to move within a sideways corridor between the nearest support and resistance zones. In the first few days, an upward vector...
Forex Analysis:::2024-03-07T21:52:43
Canadian dollar keeps pace with the market
As expected, the Bank of Canada left the interest rate unchanged at 5%, and it practically ruled out a rate cut at the next meeting in April. The accompanying statement...
Forex Analysis:::2024-03-06T08:19:20
USD/CAD H4 | Bullish Breakout
USD/CAD shows potential for a bullish breakout, as indicated by the technical analysis of key support and resistance levels: Resistance Levels: 1st resistance: 1.3604, identified as a "Pullback resistance." This...
Forex Analysis:::2024-03-05T13:41:33
USD/CAD: trading scenarios on March 5, 2024
Having overcome the resistance zone around the 1.3500 mark last month, USD/CAD continues to demonstrate positive dynamics in March, moving within upward channels on daily and weekly charts...
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