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

The wave count on the 4-hour EUR/USD chart has become more complex. On the higher timeframe (bottom chart), the downward trend segment has taken the form of a five-wave A-B-C-D-E...

Bitcoin continues to decline, which may develop into a full-fledged wave of the downtrend that began last year. In total, over the past several weeks, Bitcoin has lost about $10,000...

The GBP/USD currency pair moved a little higher on Monday. Toward the end of the day, it pulled back, but the overall uptrend remains intact. We believe the British currency...

The EUR/USD currency pair showed little action on Monday, although the day's start was encouraging for the European currency. The euro posted a fairly decent rise amid a decline...

The geopolitical conflict in the Middle East persists; the geopolitical spring has been compressing for several weeks, and the market is frozen in anticipation of a new explosion. Recall that...

The GBP/USD currency pair also traded higher on Monday. The British pound has been trading as technically and predictably as possible in recent weeks and even months, unlike the euro...

The EUR/USD currency pair showed decent gains on Monday morning, but this strengthening does not open any additional prospects for the European currency. Recall that the euro has every reason...

Very few macroeconomic publications are scheduled for Tuesday. Essentially, the only item novice traders should note is the US JOLTS report on job openings. However, even this report will likely...

The GBP/USD pair also tried to continue rising on Monday, but it pulled back in the second half of the day. Overall, the British pound retains an upward trend...

The EUR/USD pair recovered slightly on Monday, but the euro's overall rise remains extremely weak. Essentially, even within the sideways channel 1.1114–1.1267, the euro is rising with great difficulty...