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

After the sharp rally of the S&P 500 index from its April lows, investors' desire to lock in profits is so strong that it is driving the broad market index...

Meanwhile, as the U.S. dollar comes under significant selling pressure, the current head of the U.S. National Economic Council, Kevin Hassett—who may also become the future Fed chair—said that...

Yesterday, New York Federal Reserve Bank President John Williams said that monetary policy is in a good position for next year following last week's interest rate cut, which...

The price test at 155.01 coincided with the MACD indicator just starting to move downward from the zero mark, confirming a good entry point to sell the dollar. However, after...

The price test at 1.3387 coincided with the MACD indicator just starting to move upwards from the zero mark, confirming a good entry point to buy the pound...

The price test at 1.1752 coincided with the MACD indicator just starting to move upwards from the zero mark, confirming a good entry point to buy euros. As a result...

Yesterday, only one entry point into the market was formed. Let's take a look at the 5-minute chart and analyze what happened. In my morning forecast, I highlighted the level...

Yesterday, only one entry point into the market was formed. Let's take a look at the 5-minute chart and analyze what happened. In my morning forecast, I highlighted the level...

The euro and the Japanese yen retain all chances for further growth against the US dollar, while the British pound faces diminishing buying pressure amid concerns about the potential...

Conversely, a sharp break of the uptrend channel and consolidation below 1.1690 could change the scenario for the euro, and we could expect a strong technical correction with a target...