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

Investors' sentiment improved on Tuesday ahead of the release of corporate earnings reports by some of the largest US and EU companies. The NASDAQ and the S&P 500 tumbled...

Price has shown a bearish breakout below the neckline of the Head and Shoulder pattern and also is holding below the EMA as well. We could see a further drop...

Today, trading the British pound has increased risks and can be unprofitable. It is recommended to refrain from entering the pair's market until the end of the downward pullback...

The absence of any new positive news on the market last week seems to have forced investors to completely switch all their attention to the published corporate reports...

Let's take a look at the technical picture of USD/CAD, AUD/USD, NZD/USD and Gold at the begining of the trading week...

On the H4, we can see price approaching the intermediary resistance at 1.23953 in line with the 38.2% Fibonacci retracement. With the existing bearish sentiment where price is moving below...

The rally in the stock markets supports the positive mood in the markets, which puts pressure on the US dollar, despite the rising expectations of an earlier increase...

The Fed begins the process of reducing the volume of asset repurchases - government bonds and secured mortgage securities in November. Strange as it may seem, the US dollar...

On the H4, we are expecting to see price do a bounce from 1st support at 1.24231 in line with two 100% Fibonacci projection levels taken from different points...

US consumer prices rose more than expected in September. This renewed discussions about higher rates of price growth, highlighting the persistence of inflationary pressures in the economy, and forced markets...