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

The wave pattern on the 4-hour chart for EUR/USD has transformed, but overall it remains quite clear. There is no talk of canceling the upward trend segment that began...

In the GBP/USD pair, the wave pattern continues to indicate the formation of an upward trend segment (bottom chart), but in recent weeks it has taken on a complex...

Trade Analysis and Advice on Trading the Japanese Yen A price test of 156.33 occurred at the moment when the MACD indicator had already moved significantly above the zero line...

Trade Analysis and Advice on Trading the British Pound A price test of 1.3183 occurred at the moment when the MACD indicator had just begun moving down from the zero...

Trade Analysis and Advice on the Euro A price test of 1.1583 occurred at the moment when the MACD indicator had just started moving down from the zero line, confirming...

Due to a sharp drop in market volatility during the first half of the day, I did not trade at all through the Mean Reversion scenario. On the other hand...

Today, GBP/USD continues its winning streak for the fifth consecutive day, trading slightly below the 1.3200 round level. Traders are anticipating that UK Chancellor of the Exchequer, Rachel Reeves, will...

The prospect of peace regarding the Ukraine situation could significantly reduce geopolitical tensions worldwide. On this wave, the price of gold — which traditionally functions as a safe-haven asset —...

Today marks the second consecutive day in which USD/CHF continues its correction from the nearly three-week high located just above the 0.8100 round level. This decline is driven...

On Tuesday, the EUR/USD pair formed a clear rebound from the 76.4% corrective level at 1.1517, reversed in favor of the euro, and rose toward the 61.8% corrective level...