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

The morning session was dominated by the US dollar. With no new data from the eurozone, the euro found little reason to attract buying interest, and EUR/USD continued to drift...

On Monday, gold (XAU/USD) continued to post significant losses, updating its September low and falling to levels last seen on August 5, reaching around $4,152 amid a negative fundamental backdrop...

Immediately after the September rate hike, FOMC members went on the offensive. On Friday, September 25, three officials simultaneously sent hawkish signals. Beth Hammack (Federal Reserve Bank of Cleveland) said...

For beginner traders, I recommend trading the wave structures that occur most frequently. Anyone who has studied wave analysis, even superficially, knows that impulsive structures consist of five waves, while...

The wave count on the four-hour chart for EUR/USD is becoming more complex. There is still no reason to consider the upward trend segment (lower chart), which began in January...

The EUR/USD pair closed a small weekly bearish gap but lacks sufficient momentum to rise and remains unable to break above the round level of 1.1400. Moreover, spot prices continue...

On Friday, EUR/USD made a corrective retracement toward the 76.4% retracement level at 1.1416, but the level itself was not tested. Thus, no sell signal was formed. A rebound from...

On the hourly chart, GBP/USD made a small upward move on Friday toward the 100.0% retracement level at 1.3272. A rebound from this level would favor the US dollar...

Over the next few days, a gradual decline in the major British pound pair toward the support boundaries is expected. In the second half of the week, a reversal...

Over the next couple of days, the sideways movement of the euro along the support zone is likely to continue. Conditions for a reversal and the beginning of a price...