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

The test of the 1.1701 price level occurred when the MACD indicator had already risen significantly above the zero line, limiting the pair's upward potential. For this reason...

The US dollar has come under pressure due to several factors, leading to increased demand for riskier assets. However, caution is warranted regarding the current decline of the dollar. Yesterday...

Very few macroeconomic reports are scheduled for Wednesday. In Germany and the Eurozone, second estimates of the services sector business activity for April will be published, but these reports...

The EUR/USD currency pair traded with minimal volatility on Tuesday, showing no desire to move in either direction. The geopolitical background was contradictory, but the market has already lost interest...

We must pay attention to the development of the British pound's movement; the key is to watch for the price to consolidate above 1.3550. Any pullback toward this level will...

The Eagle indicator is showing a positive signal. So, if a technical correction occurs toward the 200 EMA in the coming hours or the price consolidates above...

According to the H4 chart, gold is breaking out of the bearish trend channel formed since April 16, and we could expect it to reach the daily R_2 around $4,650...

The EUR/USD currency pair traded very calmly for most of the day on Tuesday. Even by the end of Monday, it cannot be said that the market had once again...

The EUR/USD currency pair exhibited "super volatility" on Tuesday, not exceeding 40 pips. Throughout the day, no geopolitical news was reported, but two quite significant reports from the US were...

The deadlock in US-Iran relations has forced Americans to seek a way out and launch the Freedom Project. However, attempts by tankers to pass through the Strait of Hormuz without...