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

In case of a pullback, we can expect the instrument to attempt to test the bottom of the ascending trend channel around 101,375. This area could be seen...

If a consolidation occurs above the 7/8 Murray level, the outlook could be positive for the euro, and any pullback will be seen as an opportunity to open long positions...

The euro, the pound, and other risk assets received little support and were unable to sustain their gains against the US dollar. Yesterday, the US government resumed operations. Donald Trump...

Today, Wednesday, the NZD/USD pair attracted some buying interest. Prices are trading around 0.5650. Yesterday, the pair broke above the 100-hour SMA, indicating that the bulls attempted to stage...

The labor market data for the third quarter were very close to the Reserve Bank of New Zealand's (RBNZ) August forecast, and the results suggest the New Zealand economy's readiness...

While everyone is waiting for the end of the U.S. government shutdown, President Donald Trump stated yesterday that he would at some point lower tariff rates on Indian goods, noting...

EUR/USD is trading around 1.1555, above the 21-period SMA, with a positive bias. In the coming hours, we could expect a technical correction towards the 61.8% Fibonacci retracement level around...

Conversely, if Bitcoin falls below $104,000 and below the 21SMA, we could expect it to reach the psychological level of $100,000 again and even return to the price levels...

On the H4 chart, we can see that gold is trading within an upward trend channel and is likely to reach overbought levels, given the strong resistance at the $4,162...

EUR/USD is trading around 1.1572 within a descending trend channel formed on September 11th, facing strong resistance around 1.1596. It is expected that the euro will struggle to continue rising...