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

The wave pattern on the 4-hour chart for EUR/USD has undergone some adjustments. There is still no reason to consider the upward trend segment (lower chart), which began in January...

Last week, EUR/USD made several attempts to reverse in favor of the euro and resume its upward movement in line with the bullish trend originating from imbalance 13. However...

GBP/USD declined into bullish imbalance 18, reacted to this pattern, formed a Bullish Engulfing candlestick pattern, and then retraced into bearish imbalance 19. Since then, the pair has remained within...

Gold (XAU/USD) continues to post solid intraday losses, retreating from the $4,600 level — a two-week high recorded on Friday. Persistent geopolitical uncertainty, combined with hawkish expectations regarding Federal Reserve...

Gold (XAU/USD) continues to post solid intraday losses, retreating from the $4,600 level. From a technical perspective, XAU/USD maintains a short-term downward trend, trading within a descending parallel channel...

Due to low volatility, the test of the levels I identified did not take place. As a result, I ended the day without any trades. The upcoming U.S. ISM Manufacturing...

Due to low volatility, the test of the levels I identified did not take place. As a result, I ended the day without any trades. According to preliminary data from...

The euro/dollar pair began the new trading week with a modest southward retracement, stepping back from Friday's high of 1.1687. The downward impulse, however, faded quickly, and the pair...

Due to low volatility, the test of the levels I outlined did not take place. As a result, I ended the day without any trades. The Eurozone Manufacturing PMI declined...

The minutes of the latest ECB meeting are filled with hawkish wording. The ECB framed the question of interest rate increases not as whether they will happen, but when they...