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

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. At the moment, we observe the construction of the presumed wave 3 within wave...

Regarding the GBP/USD pair, the wave analysis remains quite complex but may become clearer in the coming weeks. A successful attempt to break the Fibonacci level of 50.0% indicates...

Trade analysis and advice on trading the Japanese yen In line with our usual trading approach, there were no tests of the levels I indicated in the first half...

Trade analysis and advice on trading the British pound The test of the price at 1.2423 in the first half came at a moment when the MACD indicator had descended...

Trade analysis and advice on trading the European currency There was no test of the levels I marked in the first half of the day. For this reason...

In my morning forecast, I focused on the level of 1.2423 and planned to make decisions based on it for market entry. Let's take a look at the 5-minute chart...

In my morning forecast, I pointed out the level of 1.0688 and planned to make decisions based on it for market entry. Let's take a look at the 5-minute chart...

The EUR/USD pair on Tuesday rose to the corrective level of 100.0% (1.0696) and consolidated above it. Thus, the growth process can be continued toward the next Fibonacci level...

On the hourly chart, the GBP/USD pair on Tuesday consolidated above the zone of 1.2363–1.2370 and rose to the corrective level of 50.0% (1.2464). A rebound of quotes from this...

The GBP/USD currency pair corrected upwards on Tuesday after falling on Monday. Recall that on Monday, there were no significant reasons for the pair's decline, but at the same time...