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

The 4-hour (H4) chart for the USD/JPY pair shows a strong, sustained bullish trend. The price is currently trading around the 158.35 level, driven by high buying momentum following...

The GBP/USD pair continued its downward move on Thursday, but at a much slower pace than before. In fact, a slowdown in the pace of decline does not necessarily mean...

The EUR/USD pair continued its downward move on Thursday and tested the 1.1362–1.1368 support area more convincingly. Theoretically, this zone can stop the euro's uncontrolled fall, but we fully understand...

The GBP/USD pair traded lower on Thursday — no surprise. At this point it's not even about a pullback, let alone a correction or an uptrend. The pound is falling...

The EUR/USD pair continued its downward movement on Thursday, which by now probably surprised no one. Both this week and last week we repeatedly stated that the market keeps moving...

Few macroeconomic releases are scheduled for Friday, and the only important one is the US durable goods orders report. However, this report is important only on paper. In recent weeks...

The GBP/USD pair on Thursday also continued its downward movement for unexplained reasons. Of course, one can again say that rising "hawkish" market sentiment about Federal Reserve policy is driving...

The EUR/USD pair on Thursday continued its downward movement, which by now is unlikely to surprise anyone. The US dollar has been rising for three weeks straight—if not every...

The dollar continues confidently to squeeze the euro, yet the fundamental picture looks far less clear-cut. While the greenback gains momentum, the market appears to be underestimating the euro's potential...

Faster, higher, stronger! EUR/USD is plunging because the Federal Reserve is expected to tighten monetary policy faster than the European Central Bank. Treasury yields are higher than their German counterparts...