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 reason to speak of the cancellation of the upward trend segment (lower chart), which began...

The EUR/USD pair continues to drift gradually lower. This week, bulls made several attempts to halt the bearish advance, but all of them ended in failure to one degree...

Geopolitical developments continue to shift rapidly, preventing either bulls or bears from gaining a decisive advantage. However, the balance is once again tilting in favor of the U.S. dollar...

All wars end sooner or later with a peace agreement. A deal between the US and Iran could be formalized as early as next week in Switzerland. It would provide...

Despite yesterday's modest rebound, the biggest Wall Street banks are simultaneously downgrading their gold forecasts. UBS expects prices to fall to $4,000–$3,850 per ounce in the coming months, and Citi...

The price test at 160.25 occurred at a moment when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling...

The price test at 1.3393 occurred at a moment when the MACD indicator had already moved significantly below the zero line, which limited further downward potential for the pair...

The price test at 1.1579 occurred at a moment when the MACD indicator had just begun moving upward from the zero line, confirming a valid entry point for buying...

The Australian dollar, Canadian dollar, and British pound were successfully traded today using the Mean Reversion strategy. I traded the yen using a Momentum approach. German and Italian inflation data...

Less than 24 hours after the first ECB rate increase since 2023, Bundesbank president Joachim Nagel signaled that the June move would not be the last. "The Governing Council will...