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

The EUR/USD currency pair once again failed to continue its upward movement on Thursday, despite being in a bullish trend for three weeks. Of course, this movement can only...

The GBP/USD currency pair retraced slightly from the day-before highs but remains generally positioned for further growth. Over the past few weeks, the British currency has risen by 400 pips...

The EUR/USD currency pair traded very calmly on Thursday. On the 4-hour timeframe, it is clear that over the past three weeks, the euro has risen by only 140 pips...

The pound, paired with the dollar, reached a two-month high on Wednesday, at 1.3557. Although there has been a significant southward pullback on Thursday, the pair overall retains potential...

You reap what you sow. America has intensified its strikes against Iran, hitting a tanker near the country's main export terminal for the first time since the resumption...

Better a thin peace than a good quarrel. It seems that Japanese authorities have realized this and, instead of another battle with the market by selling U.S. dollars, have decided...

On Thursday, the USD/CAD pair is likely to trade within a sideways range, consolidating its recent losses after hitting a four-week low the previous day. Spot prices held just above...

Japan's economy is facing a new wave of inflationary pressure. Tokyo's Consumer Price Index (CPI)—a key leading indicator for nationwide inflation—accelerated to 1.7% year-on-year in June, while the core...

Statistics Canada's June labor market report delivered moderately positive signals. The economy added 18,000 jobs, exceeding analysts' expectations of 10,000, while the unemployment rate declined to 6.5%, its lowest level...

The 4-hour Elliott Wave structure for EUR/USD is becoming more complex. There is still no indication that the bullish trend segment (lower chart), which began in January of last year...