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

Forex Analysis

Crypto Analysis:::2026-05-07T04:30:37
Trading Recommendations for Bitcoin on May 7: ICT Trading System Analysis
The situation in the cryptocurrency market remains unfavorable for traders. Despite a sustained downward trend and no signs of a change toward a bullish scenario, Bitcoin has been rising...
Forex Analysis:::2026-05-07T04:30:35
What to Pay Attention to on May 7? Analysis of Fundamental Events for Beginners
Very few macroeconomic reports are scheduled for Thursday, and none of them are significant. In Germany and the EU, second estimates of the business activity indices for the services sector...
Forex Analysis:::2026-05-07T04:30:33
How to Trade the GBP/USD Currency Pair on May 7? Simple Tips and Trade Analysis for Beginners
The GBP/USD pair demonstrated growth on Wednesday amid positive news from the US and Iran. However, it is now clear that the market is not disregarding positive news and geopolitical...
Forex Analysis:::2026-05-07T04:30:31
How to Trade the EUR/USD Currency Pair on May 7? Simple Tips and Trade Analysis for Beginners
The EUR/USD currency pair attempted to resume its upward trend on Wednesday, but once again failed. Over the past two weeks, the European currency has been rising, but the illustration...
Forex Analysis:::2026-05-07T02:23:47
GBP/USD Overview. May 7: The US and Iran Agree to Continue Negotiating
The GBP/USD currency pair also resumed its upward movement on Wednesday. The decline of the US dollar was, as one might guess, caused by geopolitical factors. Specifically, another wave...
Forex Analysis:::2026-05-07T02:23:46
EUR/USD Overview. May 7: Trump Retreats Without Backing Down
On Wednesday, the EUR/USD currency pair began a new wave of upward movement, potentially marking the starting point of a new upward trend that started about a month ago. It's...
Forex Analysis:::2026-05-07T02:23:44
Trading Recommendations and Trade Analysis for GBP/USD on May 7: Pound Continues to "Swing"
The GBP/USD currency pair surged again on Wednesday, similar to the EUR/USD pair, but market exuberance was tempered in the afternoon. Dollar sales began after a series of messages from...
Forex Analysis:::2026-05-07T02:23:44
Trading Recommendations and Trade Analysis for EUR/USD on May 7: Euro Soars Again on Rumors
The EUR/USD currency pair rose on Wednesday but has struggled to find a clear direction for almost two weeks now. However, it's probably unfair to blame the market...
Forex Analysis:::2026-05-06T22:52:22
EUR/USD Price Analysis and Forecast: EUR/USD Growth Stymied by Persistent Uncertainty
On Wednesday, the EUR/USD exchange rate shows a tendency to rise against a backdrop of renewed optimism regarding a potential peace agreement between the US and Iran, which puts pressure...
Forex Analysis:::2026-05-06T22:52:04
WTI Price Analysis and Forecast: Washington and Tehran on the Brink of Signing a Memorandum of Understanding
On Wednesday, the price of American oil, as measured by West Texas Intermediate (WTI), sharply declined. The market is actively reassessing geopolitical risks in the Middle East amid Axios reporting...
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