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

Although gold still receives basic support near the $ 4,700-per-ounce round level, the market remains neutral and is unable to consolidate above the $4,800-per-ounce round level. This is largely...

The U.S. dollar approaches the new week with a less-than-favorable outlook. Its decline has persisted for three weeks. If the geopolitical backdrop remains as it is now or improves...

In recent weeks, the British pound has built a wave structure similar to the euro. Of course, there are differences, but overall, it represents the same five-wave downward structure...

The euro has been trading very technically in recent weeks, following wave patterns. Recall that a five-wave impulsive downward structure was first constructed, after which a standard three-wave correction...

Renewed inflation concerns are fueling hawkish expectations for the Federal Reserve and further supporting the dollar. At the same time, rising expectations of a Bank of England rate hike...

Gold (XAU/USD) is trading around the psychological level of $4700, attempting to hold onto a bullish tone. The escalation of the standoff between the United States and Iran around...

The market can't make up its mind. On the one hand, investors are impressed by corporate earnings — roughly 80% of S&P 500 companies that have reported for Q1 beat...

Yesterday, the euro declined slightly against the U.S. dollar, influenced by a range of factors, including heightened geopolitical tensions and expectations of further actions from the European Central Bank (ECB)...

There are very few macroeconomic reports scheduled for Friday, and the market continues to ignore the entire macroeconomic backdrop. We will, of course, note the retail sales reports...

The GBP/USD currency pair continued to trade sideways on Thursday, as was particularly visible on the hourly chart. The British pound demonstrates the market's weariness when new geopolitical news comes...