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

Analysis of Wednesday's Trades 1H Chart of EUR/USD The EUR/USD pair attempted to start an upward correction on Wednesday but failed to break through the nearest resistance level of 1.0596...

The GBP/USD currency pair continued trading flat on Wednesday. Unlike EUR/USD, however, the flat in GBP/USD is more defined, with clear boundaries. Over the past week, price movements have oscillated...

The EUR/USD currency pair continued trading flat on Wednesday. As noted earlier, the pair has entered a consolidation phase due to a lack of buyers in the market...

On Wednesday, the euro hesitated to escalate its attempt to hold above the 1.0636 level. Under slight pressure from the Marlin oscillator, which preemptively signaled a reversal, the euro turned...

On Wednesday, the British pound tested the 1.2708 resistance level but retreated downward despite the Marlin oscillator moving toward the upper boundary of its descending channel. The incomplete...

The pair's sharp rebound from the 153.60 support level, followed by a 230-pip price increase, has not resulted in a reversal toward breaking above 156.79. This two-day rally lacked confirmation...

Markets often "shoot first and ask questions later." Investors started buying the euro against the US dollar following the escalation of armed conflict in Eastern Europe. However, the consequences...

The GBP/USD pair hit a weekly high on Wednesday but failed to hold within the 1.27 range. The UK inflation report provided only temporary support to the pound, although almost...

Trade Review and Tips for Trading the Japanese Yen The price test at 155.64 in the first half of the day occurred as the MACD indicator had risen significantly above...

Trade Review and Tips for Trading the British Pound The price test at 1.2698 occurred as the MACD indicator began moving upward from the zero line, confirming the correct entry...