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

Gold (XAU/USD) remains in a phase of sideways consolidation, holding above the $4,050 level. A significant recovery in the U.S. dollar from its June 17 lows remains the primary factor...

On Monday, EUR/USD reached a new high for August, advancing to the 200-day EMA and 100-day SMA resistance levels. The pair appears poised for further gains amid broad-based weakness...

Today, gold rose by 0.5% to $4,068.07 per ounce. Silver gained 1% to $58.14, platinum increased by 0.6%, and palladium was up 1.1%. The catalyst for this increase was President...

Brent crude oil fell by as much as 7.3% today after futures surged nearly a quarter in July, marking the largest monthly gain since March. WTI dropped below $80...

Sometimes a single earnings report can flip the entire day's narrative. Apple lost $357.8bn of market value, marking the largest one-day drop in the company's history and the third-largest among...

There are not many macroeconomic publications scheduled for Monday. The only notable release is the ISM Manufacturing Index for the U.S. in July. Other reports are expected to have little...

The GBP/USD currency pair also showed strong growth over the past week, gaining 220 pips in just four days. Thus, we believe that the upward movement that began on June...

The EUR/USD currency pair rose by 170 pips over the past week, something that hasn't happened for quite a while. However, we believe that the growth of the euro...

In the coming days, traders will assess the ISM indices and the JOLTS/ADP data, culminating the week with July's Nonfarm Payrolls (NFP), which will largely determine market expectations regarding...

One person alone in a field is no warrior, but sometimes a single report can flip market sentiment 180 degrees. That's what happened with Microsoft, which jumped by 16%...