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

The dollar has once again found itself in a difficult position due to Donald Trump's latest statements regarding the Middle East. The euro and the pound reacted positively to news...

According to the H4 chart, crude oil has broken the uptrend channel and is now consolidating below this zone. Thus, we believe it could continue its fall in the coming...

We should pay attention to the 21 SMA, a key support level where we could look for opportunities to open long positions. Our outlook will hold only if the instrument...

Given that the British pound has reached resistance near 1.3477, this could be a signal to open short positions; or, should the British pound fall below the 6/8 Murray level...

The euro has upside potential in the coming days, so we will look for opportunities to continue buying as long as the price consolidates above the 3/8 Murray level. Hence...

The daily gold chart shows that it is at a turning point. If the price consolidates above $4,477, it could be seen as a positive buy signal, with targets...

If in the coming hours crude oil approaches the upper band of the downtrend channel formed since early March around 103.80, this could be considered an opportunity to take short...

On the daily chart, we can see that the euro has reached the lower band of the uptrend channel formed on March 13, and there is a likelihood...

The price test at 159.07 occurred at a moment when the MACD indicator was just beginning to move upward from the zero line, which confirmed a valid entry point...

Today, the euro and the pound were traded using the Mean Reversion strategy. I did not take any trades using the Momentum strategy. Today, final inflation data for the eurozone...