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 changed. There is still no indication that the upward trend segment (lower chart), which began in January of last year...

Over the past few days, the EUR/USD pair has been attempting to reverse in favor of the euro and resume its upward movement in line with the bullish trend. During...

The GBP/USD pair declined into bullish imbalance 18 last week, received a reaction from this pattern, formed a Bullish Engulfing candlestick pattern, and then returned to bearish imbalance...

The test of the 159.38 price level occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. For this reason...

The test of the 1.3443 price level occurred when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward potential. The second test...

Due to low market volatility, the price did not reach the levels I identified during the first half of the day. Surprisingly, the euro did not react to today's...

Today, only the euro produced a valid setup through the Mean Reversion strategy, but even there, a proper reversal movement ultimately failed to materialize. I did not open any trades...

The EUR/USD pair posted a slight decline on Tuesday. However, I would not place much emphasis on yesterday's consolidation below the 50.0% retracement level at 1.1630 or this morning's consolidation...

On the hourly chart, the GBP/USD pair reversed in favor of the U.S. dollar on Tuesday and consolidated below the 1.3454–1.3466 support level. Therefore, the downward movement may continue today...

On Tuesday, the Scottish Parliament supported a push for a fresh independence referendum from the United Kingdom, voting in favor of a motion that asks London to grant the devolved...