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

The USD/CAD pair is finding support at its weekly low, halting the pullback from its highest level since May 2020. However, current prices are struggling to gain significant momentum. Traders...

For the second consecutive day, the USD/CAD pair is gaining upward momentum, supported by a strong US dollar. Spot prices remain supported by various factors, staying close to the highest...

Analysis: The short-term wave structure is downward, representing a correction within the primary trend. This wave started in late August and remains incomplete. While the structure appears mature, no signals...

EUR/USD Analysis: In the short term, the main wave structure for the euro shows an upward trend that started in mid-April this year. Over the last two months, a correction...

Analysis: In the short term, the euro's price direction in the EUR/USD pair is driven by the upward wave starting from August 5. This wave has reversal potential, setting...

In the upcoming week, after a period of flat movement, a continuation of the downward trend for the euro is expected. A brief rise is possible in the initial days...

Analysis: The euro has been moving in an upward trend. Since the end of August, a corrective zigzag has been forming from the resistance zone. The price is currently fluctuating...

Canada's GDP grew by 0.2% month-on-month in July, exceeding forecasts of 0.1%, despite the risk of a weaker result. The Canadian economy has expanded in six out of the last...

In the next couple of days, we can expect the euro to continue moving sideways along the resistance zone. Following this, conditions for a reversal may form, leading...

Brief Analysis: The downward wave algorithm from April 16 continues to push the EUR/USD pair toward the upper part of the chart. A month ago, the price reached the lower...