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 undergone some modification. There is still no indication that the upward trend segment (shown in the lower chart), which began...

For the second consecutive week, EUR/USD has been attempting to reverse in favor of the euro and resume its upward movement in line with the bullish trend originating from Imbalance...

GBP/USD declined into Bullish Imbalance 18, reacted to this pattern, formed a Bullish Engulfing candlestick pattern, and then returned to Bearish Imbalance 19. Since then, the pair has been trading...

Global financial markets are displaying cautious optimism amid signals of a possible diplomatic settlement of the Strait of Hormuz crisis. Investors are focused on a draft memorandum intended to enshrine...

Trade Review and Trading Advice for the Japanese Yen Due to low volatility, tests of the levels I identified did not occur. As a result, I ended the session without...

Trade Review and Trading Advice for the British Pound Due to low volatility, tests of the levels I identified did not occur. As a result, I ended the session without...

Trade Review and Trading Tips for the Euro The test of the 1.1643 level occurred when the MACD indicator had just begun moving below the zero line, confirming a valid...

Today, the euro and the British pound both moved in line with the Mean Reversion strategy. I did not take any trades based on the Momentum strategy. As the data...

The direction of global financial markets last week was determined exclusively by geopolitical factors, completely eclipsing the AI story, macro data, and central bank rhetoric. A marked optimistic shift...

EUR/USD fell below the 50.0% Fibonacci retracement level at 1.1630 on Monday. However, bulls quickly regained control and managed to close above this level on Tuesday. As a result...