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

The price zone of (1.2040 down to 1.1990) corresponds to the previous Weekly Low which provided some temporary buying pressure. However, this recent short-term upside movement has shown lack...

Recent bullish spike has pursued above 1.2150 - 1.2175 (backside of the broken channel limit) where bearish rejection was previously anticipated. Further bearish decline was expected to pursue towards 1.1960...

Strong bullish movement was expressed, Hence, upside movement was expected towards the new limit of the current movement channel around 1.4100-1.4150. Obvious Bearish rejection and a SELL Entry was suggested...

EUR/JPY extends gains to the 129.60 region on Friday. Higher US yields keep the selling mood around the yen unchanged. US Nonfarm Payrolls will take centre stage later...

NZD/USD witnessed heavy selling for the third straight day and dropped to five-week lows. Any attempted recovery towards the 0.7200 region might be seen as a selling opportunity. NZD/USD maintained...

The GBP / USD pair, before the opening of the American session in 4-hour charts, is trading at 1.3819, below the 200 EMA and within the downtrend channel, the eagle...

We wait for the US data which will signal the next movement of the pair, if the euro makes a rebound at 1.1901, it will be a good point...

The Fed will inevitably move to yield curve control (YCC) - BofA YCC was among some of the options touted ahead of Powell's speech yesterday but it certainly wasn't...

UK February Halifax house prices -0.1% vs 0.0% m/m expected Latest data released by Halifax - 5 March 2021 Prior -0.3% House prices +5.2% vs +4.6% y/y expected Prior +5.4%...

Since March 2020, CAD / JPY has moved by a record 11,500. And today, it was able to break above 85. Taking this into account, it would be profitable...