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

The EUR/USD pair is ending the current week with overall losses of 200 points. The decline in the European currency began last week as the market prepared for an FOMC...

The GBP/USD pair has lost its bullish momentum, and at present, the chart picture looks as though the pound will continue to decline. The price reacted to bearish imbalance...

During early European trading on Thursday, EUR/USD is trading with little change around 1.14775. Traders continue to assess the US Federal Reserve's recent decision to raise interest rates, while...

I advise beginner traders to trade based on the most common wave structures. Anyone who has studied wave analysis, even superficially, knows that impulsive structures consist of five waves, while...

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

EUR/USD continued to decline on Wednesday and consolidated immediately below two support levels: 1.1519 and 1.1473. Thus, the decline in the euro may continue today toward the next Fibonacci level...

On the hourly chart, GBP/USD rebounded from the 1.3448–1.3454 resistance level on Wednesday and declined to the 38.2% Fibonacci level at 1.3381. Today, many traders are expecting a recovery, which...

On Thursday, gold (XAU/USD) rises above the $4,300 mark again but remains near the six-week lows recorded the previous day. The US dollar is weakening slightly after reaching its highest...

The 4-hour (H4) chart for the USD/JPY pair reveals a significant structural shift in price action; the price is currently trading at 155.78, holding above key support levels following successive...

The US Dollar Index (DXY), which tracks the US currency versus a basket of other major currencies, eased slightly after reaching a late-July high. Nevertheless, the index remains above...