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 impulse wave pattern. The wave configuration closely resembles that of EUR/USD, as the dollar remains...

The wave pattern on the 4-hour chart for EUR/USD has remained unchanged for several months. The formation of an upward trend segment continues, and the news background mostly does...

The euro was effectively traded using the Mean Reversion strategy, while the Japanese yen and the British pound followed the Momentum strategy. The eurozone and UK manufacturing PMI indices were...

Donald Trump is calling on the Federal Reserve to lower interest rates to around 1.75%. The concern lies in the country's high national debt and a growing budget deficit, which...

Trade Analysis and Recommendations for the Japanese Yen The test of the 150.37 level occurred when the MACD indicator had already significantly moved below the zero line, which limited...

Trade Analysis and Recommendations for the British Pound The test of the 1.3191 level coincided with the MACD indicator just beginning to move down from the zero mark, confirming...

Trade Analysis and Recommendations for the Euro The test of the 1.1413 level occurred when the MACD indicator had already significantly declined below the zero mark, which limited the pair's...

Today, gold is attempting to regain positive momentum for the second consecutive day. On Wednesday, Federal Reserve Chair Jerome Powell disappointed those expecting an immediate rate cut, noting that...

July turned out to be the month when the dollar reclaimed its leadership in the currency market, recovering all of June's losses and climbing 3.38% on the index. Fundamental factors...

July ends with another victory for the bulls: the S&P 500 closed higher for a third consecutive month, reaching a new all-time high at 6,427. But the triumph feels tainted...