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

The main US stock indices managed to finish the session in the positive zone and updated another high before the Fed meeting. The US Treasury yields also slightly pulled back...

NZDUSD holding below descending trendline resistance. With stochastic approaching hidden resistance at 92.95 , a short term reversal from our 1st resistance of 0.70066 towards graphical swing...

The pressure on risky assets increased markedly on Monday, growing concerns about a new strain of coronavirus were superimposed on the decision of OPEC+ to start restoring production levels...

NZDUSD broke below ascending trendline support, now resistance. A further drop below our 1st resistance at 0.69951 towards key Fibonacci zone and 1st support at 0.69403 could be possible. Technical...

Prices are approaching 1st resistance, in line with horizontal overlap resistance, 61.8% Fibonacci extension level. Prices might reverse off to 1st support, in line with the horizontal swing low support...

There is a tendency to abandon risks on Friday morning. Oil and commodity currencies are declining, while gold and protective currencies are rising. At the same time, yields are declining...

Today, the reporting season starts in the United States. JPMorgan and Goldman Sachs will be the first to report, which is likely to set the tone of the overall risk...

Price is approaching 1st support, which is in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and horizontal swing low support. We could see a bounce and further rise towards...

Prices are facing bearish pressure and are facing resistance from horizontal pullback resistance in line with 50% Fibonacci retracement and 78.6% Fibonacci extension . Prices might push down towards 161.8%...

OPEC+ did not manage to overcome differences over August production growth. The failure in negotiations will worsen a shortage of raw materials for a rapidly recovering global economy, which...