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

Analyzing Wednesday's trades: GBP/USD on 1H chart The GBP/USD pair continued to correct higher with low volatility. The market had no reason to buy the pound on Wednesday...

Analyzing Wednesday's trades: EUR/USD on 1H chart On Wednesday, EUR/USD went through low volatility and maintained a weak upward trend as indicated by the ascending channel. Throughout the day, traders...

EUR/USD Yesterday, the euro stalled at the signal-intermediate level of 1.0696 (February 14 low) and even closed above it with a daily candle. The Marlin oscillator's signal line crossed above...

GBP/USD Yesterday, the British pound stayed above the target level of 1.2427 and above the Fibonacci corrective level of 23.6%. The Marlin oscillator is rising, and if the April 15-18...

USD/JPY The USD/JPY pair is heading straight towards the target level of 155.80, with "just a little" left to go. Closing above this level will open up the target along...

On Wednesday, GBP/USD showed very weak volatility, but by the end of the day, it clearly wanted to resume its upward movement. As we have previously mentioned, it is logical...

EUR/USD continued to move within an almost horizontal, but formally known as an ascending channel. Since the last bounce occurred from the lower boundary of the channel, the price rose...

The Bank of Japan will hold its meeting on Friday, and it is widely expected to leave its benchmark interest rate unchanged. Along with the decision, updated forecasts will...

The situation is a mixed bag, and even the U.S. doesn't call the shots. Europe has brought good news for two consecutive days. First, Eurozone business activity rose...

EUR/USD is trading around 1.0695 within the uptrend channel forming since April 15, above the 21 SMA, and above the 2/8 Murray. On the H4 chart, we can see that...