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

On Friday morning, the GBP/USD currency pair surged upward once again, but the movements throughout the day seemed highly illogical. Let's break it down: Why did the pound rise during...

On Friday, the EUR/USD currency pair saw a continued upward movement. However, in the latter half of the day, there was a slight decline that did not align with...

March is developing a corrective bearish decline. Over the past trading week, two key levels—19901 and 19730—were tested, which correspond to the final level of the weekly Ichimoku cross...

Despite last week bringing the market back to its previous consolidation zone, sellers remain active. They are currently retesting the support level of the weekly medium-term trend at 82,161.59, with...

February's uncertainty has transitioned into a bearish correction in early March. Sellers are currently trying to break through the weekly golden cross at 5689.3 and test the monthly short-term trend...

Very few macroeconomic events are scheduled for Monday, and none of them are significant. The only noteworthy report is Germany's industrial production data, but it is unlikely to attract much...

Analysis of Friday's Trades 1H Chart of GBP/USD The GBP/USD pair attempted to continue rising on Friday. However, it is important to note that there were no significant news events...

Analysis of Friday's Trades 1H Chart of EUR/USD On Friday, following a brief pause on Thursday, the EUR/USD currency pair resumed its upward movement. A look at the macroeconomic calendar...

Our trading plan for the next few hours is to wait for the data to be released and, based on this, make a decision. In case gold drops below 2,913...

The test of 147.41 occurred when the MACD indicator had already moved significantly below the zero mark, limiting the pair's downward potential. For this reason, I refrained from selling...