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

The GBP/USD currency pair remained in decline on Thursday, which, in our view, is a banal technical correction. We believe there were no reasons (especially this week)...

The EUR/USD currency pair managed to recover slightly on Thursday after a two-week decline, which itself was a correction against a month-long rise. Thus the underlying uptrend that began...

Several macroeconomic publications are scheduled for Friday. For example, the EU will publish a retail sales report, but who in the market is interested in retail sales right...

The GBP/USD pair also rose during Thursday even though the macro backdrop suggested a decline. Recall that this week only the US ISM services business activity index supported the dollar;...

The EUR/USD currency pair rebounded from 1.1584 on Thursday after a two-week correction and is now attempting to resume its upward trend. If you analyze all the macroeconomic releases this...

Americans like to live well. They are used to living well. Certainly not all Americans throw money around and can buy whatever they wish. Still, no one will deny that...

A strong ISM services index could not support the US dollar: the devil, as always, was in the details. Additional pressure on the greenback came from the dovish rhetoric...

The EUR/USD pair declined for six days, but the bears' advance may now be over. Overall, it can be said with confidence that the bears truly attacked only last Friday...

The wave count on the four-hour chart for EUR/USD is becoming more complex. There is still no question of invalidating the upward trend segment (lower chart) that began in January...

The GBP/USD pair has lost its bullish momentum, but the bullish advance is not yet over. In my view, saving the pound is in the hands of the euro...