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

USD/CAD is located at 1.2569 level after dropping a little after the FOMC Statement. As you already know, the FED kept its Federal Funds Rate unchanged at 0.25% as expected...

The wave counting for the Pound/Dollar instrument still raises many questions. The last descending wave is now identified as wave e and, if the current wave counting is correct, then...

AUDUSD remains in a bearish trend. Price is inside a bearish channel. Price has been making lower lows and lower highs. The RSI is providing bullish divergence signals. Traders need...

The wave counting of the 4-hour chart for the Euro/Dollar instrument has not changed at all in recent days and remains quite ambiguous. This is especially true for the internal...

EURUSD is back testing today the break out area of the resistance trend line. Holding above 1.18 is key for the short-term reversal signal. Holding above 1.18...

The key level of 1.2600 acts as immediate resistance and the top of the technical pattern. A sharp break above this zone would enable the upward move towards the 8/8...

The dollar has come to another kind of watershed: following the results of the July Fed meeting, the greenback will either continue to gain momentum throughout the market or will...

The EUR / USD pair found strong resistance at the 2/8 murray zone around 1.1840. From that level, it is retreating, and the support of the 21 SMA located...

The US Dollar started a decline from well above the 110.20 level against the Japanese Yen. The USD/JPY pair broke the key 110.00 support zone to move into a bearish...

When the conflict between Saudi Arabia and the United Arab Emirates arose, the Joe Biden administration called on these countries for peace, because if OPEC+ did not continue to increase...