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

The wave structure of the 4-hour chart for EUR/USD is becoming more complex. There is still no question of canceling the upward trend segment (lower chart), which began in January...

The 4-hour (H4) chart for Gold (GOLD) reveals persistent, strong selling pressure and a dominant sharp decline; the price is currently trading at the 4126.32 level following an acceleration...

The GBP/USD pair continued its upside correction on Monday, which began on Friday and surprised many. Recall that over the past month the pound, like the euro, has mostly fallen...

The EUR/USD pair showed no willingness on Monday to continue the correction that seemed to begin on Friday. During the day, the euro again tended toward decline while...

The GBP/USD pair also traded fairly calmly on Monday, as we expected given an absolutely empty economic calendar. In the EUR/USD article, we already noted that a range persists...

The EUR/USD pair traded very calmly on Monday, as expected. Yet the market did not attempt to begin a bullish correction. The US dollar has risen for three consecutive weeks...

Very few macroeconomic releases are scheduled for Tuesday. Essentially the only item of note is the US JOLTS report on job openings. However, recall that this report is effectively released...

The GBP/USD pair corrected slightly on Monday—small, but still a correction. A two-day correction remains minimal, but it's better than nothing. The euro (and euro-crosses) could not even show such...

The EUR/USD pair showed no interesting moves on Monday, and the macroeconomic and fundamental calendar was empty. Yet the euro still declined slightly. Thus, even on days that should...

Preliminary September PMI data from S&P Global showed further momentum loss. The composite index fell to 51.7 from 52.5 in August; services declined to 51.7 from 52.5, while manufacturing output...