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

The GBP/USD currency pair traded for most of the day on Wednesday, with minimal volatility and no clear direction. However, in the evening, Donald Trump once again announced that negotiations...

The EUR/USD currency pair traded quietly for most of the day on Wednesday, but soared near the end of the day. There is no doubt about what triggered this latest...

The short-term technical picture for XAU/USD remains bearish, with key support at 4450.00 and the risk of a move toward 4400.00-4368.00. However, long-term investors may view the current correction...

The inflation growth report released on Wednesday for the UK was in the red zone. The published report showed that almost all key components fell short of forecast estimates, indicating...

The deadlock in U.S.-Iran relations has finally been recognized by financial markets, and the European Central Bank has been the first to realize that "hawkish" rhetoric is needed to calm...

The European currency reacted rather calmly to the inflation data in the Eurozone and to the interview with the head of the Belgian central bank and European Central Bank Governing...

The wave pattern on the 4-hour chart for EUR/USD has changed somewhat. There is still no indication that the upward trend segment (shown in the lower chart), which began...

The GBP/USD pair declined for four consecutive days. As a result of this drop, the bears reached imbalance zone 18, which is a bullish pattern. Therefore, unless new negative developments...

The EUR/USD pair reversed in favor of the U.S. dollar, fully pierced bullish imbalance 14, and tested imbalance 13. On Monday, Donald Trump pleased bullish traders with conciliatory rhetoric regarding...

The outlook remains bullish as the Eagle indicator is showing a positive signal, and we believe that above the 21 SMA there will be a buy signal. Therefore, we will...