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

The wave structure on the 4-hour chart for EUR/USD has become more complex. There is still no indication that the upward trend segment (shown in the lower chart), which began...

The EUR/USD pair remains within the local bearish impulse that began on April 17, while over the past three weeks the bulls have managed only to push the bears back...

The GBP/USD pair has posted strong gains in recent weeks, which may mark the beginning of a new bullish trend. However, at this stage, both the pound and bullish traders...

The change of prime minister in the United Kingdom took place without disruption, with Andy Burnham officially assuming office on July 20. Markets reacted positively: the pound strengthened...

Wall Street closed out a losing week: on Friday, US benchmark stock indices fell again as investors digested renewed swings in semiconductor stocks and a wave of quarterly reports that...

NZD/USD is in a decisive phase where a bullish impulse from monetary divergence and high inflation expectations collides with technical overbought conditions and geopolitical risk. The publication of inflation data...

At the start of the week on Monday, the Houthis announced the imposition of a maritime blockade of Saudi Arabia, Reuters reports. A representative of the group's military wing said...

Last week delivered a fresh macroeconomic blow to the euro. The Eurostat data published July 15–17, confirmed a deterioration in the euro area's fundamentals amid persistent geopolitical tensions and costly...

You can't have it both ways. Yet that's exactly what the major currency pair is trying to do, stuck in a narrow range while awaiting the European Central Bank's verdict...