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

The situation in the cryptocurrency market remains quite bleak. Bitcoin tested $58,000 yesterday and is poised to continue its decline at any moment. Ethereum is just a step away from...

Despite the US dollar's active decline yesterday afternoon, traders continue to buy dollars at every favorable opportunity, although bulls for both the euro and the pound are not giving...

Our outlook is positive for the coming hours for buying Bitcoin, so we will look for opportunities to buy above $58,000. The Eagle indicator is showing a positive signal, which...

The euro is trading around 1.1404 within an uptrend channel that has been forming since June 24 and above the 21 SMA with a bullish bias...

The Eagle indicator is showing a positive signal, so this pullback could be seen as an opportunity to open buy positions as long as the price consolidates above $3,970, with...

There are several macroeconomic rescheduled for Wednesday, and important ones among them will be released. We should start with the June inflation report for the Eurozone. Yesterday, Germany's consumer price...

The GBP/USD pair continued its weak upward correction on Tuesday, driven solely by technical factors. The British pound has been in decline for approximately two months; however, it cannot...

The EUR/USD currency pair once again failed to develop an upward impulse and surpass the level of 1.1432 during Tuesday's trading. Thus, the euro remains "at the bottom" and cannot...

Given that Ethereum is currently trading below the 21 SMA, we should expect it to consolidate above $1,580 in the coming hours. We could then take long positions, as this...

The GBP/USD currency pair displayed movements similar to those of the EUR/USD pair on Tuesday. A sharp rise began at the start of the American trading session, but the British...