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

August 17 marks the day when the Memorandum of Understanding between the US and Iran expires. It is evident to all market participants that this document has long lost...

Bitcoin continues to correct and is clearly moving slowly towards the only "bearish" FVG on the daily chart. In recent weeks, the price has primarily been moving away from this...

No macroeconomic publications are scheduled for Monday. Thus, there will be few drivers for movement today. Most likely, we are in for a "boring Monday" with minimal volatility. The euro...

The GBP/USD pair continued its upward movement on Friday within the rising channel on the hourly timeframe. Thus, even on the hourly chart, technical factors currently support further growth...

The EUR/USD currency pair returned to 1.1584 on Friday and, overall, retains an upward trend. We have repeatedly listed a whole range of factors supporting the euro and acting against...

The GBP/USD currency pair continued its upward movement on Friday, and this may persist into the coming week. Recall that the US dollar has accumulated all possible factors...

The EUR/USD currency pair resumed its upward movement on Friday, August 14. Throughout the day, the US dollar lost approximately 50-60 pips and continued to slide down slowly. There...

The GBP/USD currency pair also showed an upward movement on Friday, which aligns with the current geopolitical, fundamental, macroeconomic, and technical picture. Simply put, the pound sterling is rising entirely...

The EUR/USD currency pair unexpectedly soared on Friday. However, it cannot be said that volatility was off the charts that day; rather, it was only 60 pips, which is quite...

The economic calendar for the next week is not rich in significant events for the EUR/USD pair. On Tuesday, the ZEW Economic Sentiment Index for Germany will be released...