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

The wave pattern for GBP/USD continues to indicate the formation of an upward wave structure, but in recent weeks, it has taken on a complex and ambiguous form. The pound...

The wave pattern on the 4-hour chart for EUR/USD has changed — unfortunately, not for the better. It's still too early to conclude that the upward trend segment has ended...

The British pound rose slightly after data showed that the UK private sector expanded faster than expected in October, with economic indicators showing no signs of anxiety ahead...

The price test at 152.90 in the first half of the day occurred when the MACD indicator had just started moving downward from the zero line, confirming a valid entry...

The price test at 1.3309 occurred when the MACD indicator had already moved far below the zero line, which limited the pair's downward potential — especially given that buyers...

The price test at 1.1615 occurred when the MACD indicator had just started to move upward from the zero mark, confirming the correct entry point for buying the euro...

Investors are maintaining a positive outlook on the market despite ongoing risks, including the potential escalation of trade conflicts with China. Strong corporate earnings reports and improving macroeconomic indicators...

The US Dollar Index gained 0.37% over the week, reaching 98.92—investors are cautiously placing bets on the prospects of the American currency. The reason is simple: next week, Donald Trump...

On Thursday, the EUR/USD pair made another rebound from the 61.8% Fibonacci retracement level at 1.1594, turning in favor of the European currency. Thus, the upward movement may continue today...

Yesterday, Bitcoin and Ethereum were in the hands of buyers, though at this point the momentum remains too weak to confirm the continuation of a full-fledged bull market. Active Bitcoin...