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

GBP/USD continued to trade sideways on Wednesday. Volatility remains weak, and traders took a break after leaving the 4-month sideways channel. The price is currently 80 pips below the channel...

EUR/USD traded mostly sideways with low volatility on Wednesday. The low market activity can be attributed to the weak fundamental and macroeconomic background. There were no significant events during...

The GBP/USD pair shows that it is willing to fight, as it attempts to start a bullish correction. The bulls are not only counting on the greenback's weakness...

As we have already mentioned, it no longer makes sense to expect a rate cut from the Federal Reserve. The latest inflation report exceeded the target mark almost twice...

Tuesday was interesting not only with a whole series of interesting reports in the US and UK but also because of the speeches by Andrew Bailey and Jerome Powell...

The IMF raises its GDP forecast for the US economy for 2024 by a significant 0.6 percentage points, to 2.7%. Goldman Sachs highlights the US as the only G10 nation...

In case gold breaks and consolidates above 2,395 and above the psychological level of 2,400, we could expect it to continue rising and the price could reach 2,422 and finally...

Our trading plan for the next few hours is to sell ETH/USD below 3,100. As long as it trades below the 21 SMA, the token will remain under bearish pressure...

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. Currently, we observe the construction of the presumed wave 3 in 3 or c from the downtrend...

The wave analysis for the GBP/USD pair remains quite complex, but it may become simpler in the coming weeks. A successful attempt to break through the Fibonacci level of 50.0%...