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

The GBP/USD currency pair resumed its upward movement overnight on Wednesday and continued rising throughout most of the day. Simply compare the euro's performance yesterday with that of the pound...

The EUR/USD currency pair posted a fairly decent gain on Wednesday, although the increase was not particularly strong. Throughout the day on Tuesday, the trading community focused on a single...

Review of Macroeconomic Reports There are few macroeconomic releases scheduled for Thursday. Once all the secondary ones are excluded, virtually nothing remains. Under the current circumstances, the market is unlikely...

Wednesday's Trade Analysis: GBP/USD 1-hour chart. The GBP/USD pair also continued its upward movement on Wednesday, largely driven by the Republicans' decisive defeat in the US elections. However, unlike...

Wednesday's Trade Analysis: EUR/USD 1-hour chart. On Wednesday, the EUR/USD currency pair continued to move upward from the lower boundary of the sideways channel toward its upper boundary. The first...

The Elliott wave count on the 4-hour chart for EUR/USD has become more complex. On the higher timeframe (lower chart), the downward trend segment has taken the form...

The EUR/USD pair reversed in favor of the euro late last week after liquidity was swept below the most recent low. This means that the technical conditions for a potential...

The GBP/USD pair continues to advance within its annual trading range. Liquidity was swept below the June 24 low, allowing bullish traders to launch their first attack. This was followed...

On Wednesday, gold (XAU/USD) continued to rise steadily throughout the day, repeatedly reaching new weekly highs and approaching the 20-day SMA amid broad-based weakness in the US dollar. The Democratic...

Trade analysis and trading tips for the Japanese yen The test of the 158.24 price level in the first half of the day occurred when the MACD indicator had just...