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

The EUR/CAD pair continues to rise confidently for the third consecutive day, trading near the 100-day SMA. This pair is showing steady upward momentum, as the euro maintains its strength...

On Friday, the EUR/USD pair is showing moderate gains, as hopes for a peaceful resolution to the conflict between the U.S. and Iran have weakened the U.S. dollar — traditionally...

Hopes for a peace agreement between the U.S. and Iran are counteracting the renewed hostilities and undermining the U.S. dollar. Lower expectations for a Federal Reserve rate hike are also...

Will $100?per?barrel oil become the new normal? While equity indices fell in March in response to the Brent and WTI rally, markets adapted in April and have since charged higher...

Yesterday, oil prices rose amid the resumption of clashes between American and Iranian forces, which overshadowed the prospects for concluding a deal to end the 10-week war. The price...

Yesterday marked a correction for the gold market; however, today the precious metal showed signs of recovery. This brief decline, following a prolonged period of growth, did not undermine...

Only a few macroeconomic reports are scheduled for Friday, but among them are significant reports. The day will begin with the release of Germany's trade balance and industrial production data...

The GBP/USD currency pair also traded quite calmly on Thursday, remaining near its local highs. The upward trend persists even on the 4-hour timeframe, despite the lack of clear signs...

On Thursday, the EUR/USD currency pair traded relatively calmly, and in general, has been trading within a limited price range for the past three weeks, as can be clearly seen...

As a cherry on top, the potential conclusion of the conflict in the Middle East looms. We have already established that market participants generally finished pricing in this factor around...