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

The EUR/USD pair reversed in favor of the euro and began a new upward move. However, at the moment, it can be said that the bulls' attacks look too weak...

The GBP/USD pair made another reversal in favor of the pound and resumed its upward movement in full accordance with the current chart structure. Last week, the price reacted...

For GBP/USD, the wave structure continues to indicate the development of an upward trend segment (lower chart), while in the short term the market continues building a structure that...

The wave pattern on the 4-hour chart for EUR/USD has changed. There is still no talk of canceling the upward trend segment (lower chart), which began in January of last...

The test of the 157.52 price level occurred when the MACD indicator was just beginning to move upward from the zero mark, confirming a valid entry point for buying...

The test of the 1.3558 price level occurred when the MACD indicator had already moved significantly downward from the zero mark, which limited the pair's downward potential. For this reason...

The test of the 1.1754 price level occurred when the MACD indicator was just beginning to move downward from the zero mark, confirming a valid entry point for selling...

Today, only the euro was traded using the Mean Reversion strategy, but no meaningful reversal movement materialized. Using the Momentum strategy, I traded the British pound, which collapsed...

The EUR/USD pair on Monday continued trading above the 50.0% Fibonacci corrective level at 1.1745, constantly changing direction. Under the current conditions, traders can only trade from the 1.1745 level...

On the hourly chart, the GBP/USD pair on Monday completed its fifth consecutive rebound from the resistance level of 1.3632–1.3641 and began a new downward move toward the support level...