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

The wave count on the 4-hour chart for EUR/USD is becoming more complex. There is still no question of invalidating the bullish trend segment (lower chart), which began in January...

The EUR/USD pair continues to rise, with the move beginning after two liquidity sweeps marked by red lines on the chart. Imbalance 17 restrained the bulls' advance for a long...

The GBP/USD pair continues to rise, which I consider completely justified. Reports on the U.S. economy, labor market, and inflation have effectively settled the debate over whether the FOMC will...

Trade Review and Trading Tips for the Japanese Yen The 159.22 price test occurred when the MACD indicator had already moved significantly below the zero line, which limited the dollar's...

Trade Review and Trading Tips for the British Pound The 1.3545 price test occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's...

Trade Review and Trading Tips for the Euro The 1.1596 price test occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward...

Bitcoin remained trading around $64,500, while Ethereum continued to hold near the $1,900 level. Meanwhile, spot Bitcoin ETFs recorded net inflows of $189.3 million yesterday, while Ethereum funds added another...

The British pound was traded today using the Mean Reversion strategy. I traded the yen using the Momentum strategy. Eurozone inflation accelerated to 2.9% y/y from 2.8% in June, while...

The pound rose after data showed that inflation in the United Kingdom accelerated in July following a jump in household energy bills, ending a brief respite for British households...

US equity indexes closed lower again yesterday. The S&P 500 fell 0.69%, the Nasdaq 100 dropped 1.33%, and the Dow Jones Industrial Average lost 0.22%. The sell-off in chipmakers intensified...