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

The 4-hour wave structure for EUR/USD has become more complex. On the higher timeframe (lower chart), the downward section of the trend has taken the form of a five-wave structure...

EUR/USD made another reversal in favor of the euro late last week after sweeping liquidity below the previous low. Thus, there were technical grounds for some appreciation of the European...

GBP/USD has taken a significant step toward a new bullish impulse within its yearly trading range. Liquidity was swept below the June 24 low, allowing bullish traders to push...

The midterm elections in the U.S. Congress, taking place tomorrow, November 3, are important: their results will largely determine how freely Donald Trump can implement his agenda during the remaining...

EUR/USD started November with a gain: on Monday the euro rose about 0.5% to 1.1237 after closing last week at 1.1160. That is a notable bounce after the pair...

The pound started the week with a strong upward move but gave back almost half of its gains by midday. From a morning low near 1.3378, GBP/USD climbed to 1.3447...

The euro started the week on a firm note. After reaching a Friday low near 1.1155, EUR/USD gained momentum throughout the morning, climbed above 1.1235 during the first half...

The test of the 157.88 level during the first half of the day occurred when the MACD indicator had just started moving higher from the zero line, confirming...

The test of the 1.3425 level occurred when the MACD indicator had already moved significantly above the zero line, limiting the pair's upward potential. For this reason, no pound purchases...

The test of the 1.1200 level occurred when the MACD indicator had already moved significantly above the zero line, limiting the pair's upward potential. For this reason, no euro purchases...