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

The GBP/USD currency pair traded on Tuesday with low volatility, similar to the previous two weeks. As we analyzed in the EUR/USD article, there are no compelling reasons...

The EUR/USD pair traded on Tuesday in the same manner as in recent weeks—exhibiting low volatility and a minimal upward tilt. In the current circumstances, it seems unnecessary to analyze...

The GBP/USD currency pair also traded with low volatility on Tuesday and failed to break out of the sideways channel between 1.3377 and 1.3480. Throughout the day, we observed...

The EUR/USD currency pair continued to trade between a series of levels, areas, and lines on Tuesday. Overall, there is little point in analyzing which levels were breached and which...

The USD/CAD pair is showing a slight decline, as the US dollar pauses after its recent rise. The pair is partially retreating from its recent highs despite the ongoing favorable...

A contradictory picture is forming simultaneously in both the geopolitical and macroeconomic contexts. For instance, the ISM Manufacturing Index supported the dollar, while Tuesday's Eurozone inflation data has bolstered...

Markets began factoring in the odds of conflict resolution in the Middle East since the ceasefire regime commenced in April. By the third decade of May, the chances for peace...

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

For the second consecutive week, EUR/USD has been attempting to reverse in favor of the euro and resume its upward movement in line with the bullish trend originating from Imbalance...

GBP/USD declined into Bullish Imbalance 18, reacted to this pattern, formed a Bullish Engulfing candlestick pattern, and then returned to Bearish Imbalance 19. Since then, the pair has been trading...