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

For the GBP/USD pair, the wave pattern continues to indicate the formation of an upward impulse wave structure. The wave pattern closely resembles that of the EUR/USD pair. Until February...

The wave structure on the 4-hour EUR/USD chart has shifted to an upward formation and continues to hold this structure. I believe there's little doubt that this transformation occurred solely...

Early in the American session, gold is trading around 3,317, rebounding after reaching a low of 3,294 during the European session. On the H4 chart, gold could continue to rise...

We believe the euro could continue to fall as a bearish continuation pattern is forming, but we should expect it to fall below 1.1400, which could then reach the bottom...

Net employment change in May amounted to +8.8 thousand jobs, exceeding April's growth and presenting very strong data, especially against expectations — a loss of about 15 thousand jobs...

At the beginning of the new trading week, the AUD/USD pair is showing steady upward momentum, recovering from a slight pullback and once again approaching the highs seen in November...

Analysis of Trades and Tips for Trading the Japanese Yen The price test at 144.28 during the first half of the day occurred when the MACD indicator had already moved...

Analysis of Trades and Tips for Trading the British Pound The price test at 1.3567 during the first half of the day occurred when the MACD indicator had already moved...

Analysis of Trades and Tips for Trading the Euro The price test at 1.1430 occurred when the MACD indicator had already moved significantly above the zero mark, limiting the pair's...

In my morning forecast, I focused on the 1.3581 level and planned to base entry decisions around it. Let's look at the 5-minute chart and see what happened. The rise...