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

The wave pattern on the 4-hour chart for EUR/USD has shifted into a bullish structure and continues to hold that form. I believe there's little doubt that this transformation...

Everything has its limits—including Donald Trump's negotiation strategy. The longer his policy of threats followed by postponements continues, the less seriously markets take his actions. His warnings are no longer...

The wave structure for GBP/USD continues to indicate the formation of a bullish impulsive wave pattern. The wave setup is almost identical to that of EUR/USD. Until February...

The euro declined after the release of inflation data from France and the GfK report from Germany. Exactly three years ago, eurozone data showed inflation had risen to 8.1%. Immediately...

Trade Analysis and Recommendations for the Japanese Yen The test of the 143.29 level occurred when the MACD indicator had already moved well above the zero line, which limited...

Trade Analysis and Recommendations for the British Pound The test of the 1.3543 level in the first half of the day occurred when the MACD indicator had already moved well...

Trade Analysis and Recommendations for the Euro The price test of 1.1366 occurred just as the MACD indicator was beginning to move downward from the zero mark, confirming a valid...

In my morning forecast, I highlighted the 1.3545 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and see what happened. A decline...

In my morning forecast, I highlighted the 1.1374 level and planned to make trading decisions based on it. Let's look at the 5-minute chart to analyze what happened. A decline...

Gold is extending its decline for the second day in a row. The pressure on gold is driven by a combination of factors: optimism stemming from U.S. President Donald Trump's...