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

The GBP/USD pair also corrected slightly on Friday, but overall the outlook for the pound remains murky. Even if the Bank of England raises the key rate today, we doubt...

The EUR/USD pair made only a minimal correction on Friday—so slight it's hard to spot on the charts. The market continues buying the US currency on any pretext, while...

No macroeconomic releases are scheduled for Monday. Thus the first trading day of the week is empty in terms of important events. If traders maintain a bearish stance, that will...

The GBP/USD pair on Friday also tried a minor correction but failed. The US dollar is now so strong that the market sees nothing around it. The main explanation...

The EUR/USD pair on Friday tried to correct slightly again but immediately ran into the descending trend line, which lay—and still lies—quite close to price. Thus the latest attempt...

The coming week promises to be busy and volatile. Traders will focus on inflation data, US GDP, and the American labor market. These releases can set the tone for EUR/USD...

The wave count on the four-hour chart for EUR/USD is becoming more complex. There is still no question of canceling the bullish phase of the trend (bottom chart), which began...

The GBP/USD pair continues to fall almost freely. Over the past 11 days, bullish traders have made only one attempt to counter the bears. Today, we saw the long-awaited corrective...

The EUR/USD pair had been falling for eleven consecutive sessions. During this period, the European currency lost 280 points. The losing streak for the European currency began the week before...

The US dollar is heading toward its best two-week performance in the past six months, and despite EUR/USD attempts to find a bottom, the pair's medium-term outlook remains bearish...