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

The wave structure of GBP/USD continues to indicate the development of an upward trend segment. The corrective A-B-C structure has presumably been completed. If this is indeed the case...

The 4-hour wave structure for EUR/USD is becoming more complex. There is still no question of invalidating the upward trend segment (lower chart) that began in January last year...

The US economy continues to grow, the labor market remains resilient, and the dollar is weakening—as if it were ignoring the positive developments. This paradox has concerned the Forex market...

EUR/USD continues to trade within the 1.1520–1.1570 price range, whose boundaries correspond to the lower and upper Bollinger Bands on the H4 timeframe. Traders cannot determine the pair's next direction...

The market is paying no attention to negative labor-market data or the continued slowdown in inflation in the United States. It is now "hoping" for the Personal Consumption Expenditures (PCE)...

Today, Friday, EUR/USD is attracting buyers as it continues its recovery above the 100-day SMA. Current spot prices are attempting to break out of the two-week range. Nevertheless, mixed signals...

EUR/USD remains within the local "bearish" impulse that began on April 17, but with each passing day, the bulls are putting increasing pressure on the prevailing trend. To launch...

GBP/USD continues to rise, which I consider fully justified. Reports on the U.S. economy, labor market, and inflation have largely settled the debate over whether the FOMC will raise interest...

On Thursday, EUR/USD attempted to resume its decline toward the 61.8% retracement level at 1.1507, but in the second half of the day, the bulls pushed the bears back. Trader...

The euro rose to a two-month high on the back of stronger eurozone data and expectations of an ECB rate hike, boosting demand for the currency, while gold...