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

The GBP/USD currency pair could not withstand the pressure from the geopolitical backdrop on Tuesday and collapsed. Although the term "collapsed" may not fully apply to the movement observed. Rather...

The EUR/USD currency pair began the new week with a strong upward surge, but then the market calmed down and reacted to nothing further. Over the last three trading days...

Negotiations between Iran and the U.S. could indeed falter due to yet another act of aggression from Washington. This was indirectly indicated on Tuesday by Ebrahim Zolfaghari, a representative...

The new week has begun with another round of optimistic news for forex market participants. Donald Trump once again stated that the parties to the conflict are approaching an agreement...

As long as the conflict in the Strait of Hormuz remains unresolved and hawkish expectations from the Fed persist, the path of least resistance for gold is downward. Investors should...

In April, the year-on-year inflation rate for consumer prices in the UK decreased from 3.3% to 2.8%. At first glance, this outcome may seem surprising; however, it can be explained...

The EUR/USD pair is trading within the 16 figure, not only due to "geopolitical optimism." Some support for buyers comes from the ECB, whose representatives have recently intensified their hawkish...

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

Over the past several days, the EUR/USD pair has been trying to reverse in favor of the euro and resume its upward movement in line with the bullish trend. During...

Last week, the GBP/USD pair declined into bullish imbalance 18, received a reaction from this pattern, formed a "Bullish Engulfing" candlestick formation, and then returned to bearish imbalance...