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

USD/CAD is located at 1.2569 level after dropping a little after the FOMC Statement. As you already know, the FED kept its Federal Funds Rate unchanged at 0.25% as expected...

Currently, the EURUSD pair remains trapped within a narrow consolidation range between the price levels of 1.1780 and 1.1840. Breakout in either directions is needed to pursue towards further targets...

Recently, the EURUSD pair has been moving downwards within the depicted bearish channel while the price level of 1.1780 stood as a prominent demand level that prevented further bearish decline...

One more quick bearish decline was executed towards 1.3570 where the GBPU/USD pair found considerable bullish support earlier this month. Recently, Signs of bullish recovery has been manifested around 1.3580...

EURUSD is back testing today the break out area of the resistance trend line. Holding above 1.18 is key for the short-term reversal signal. Holding above 1.18...

The key level of 1.2600 acts as immediate resistance and the top of the technical pattern. A sharp break above this zone would enable the upward move towards the 8/8...

The EUR / USD pair found strong resistance at the 2/8 murray zone around 1.1840. From that level, it is retreating, and the support of the 21 SMA located...

The US Dollar started a decline from well above the 110.20 level against the Japanese Yen. The USD/JPY pair broke the key 110.00 support zone to move into a bearish...

The support of the 1,795.00 price level held on Tuesday. Afterwards, the bullion surged to the resistance of the 200-hour simple moving average near 1,807.00. On Wednesday, the price bounced...

Technical analysis: Gold has been trading sideways at the price of $1,800. Watch for the breakout after the FOMC Press Conference to confirm further direction. Trading recommendation: Upside breakout...