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

The past week delivered a mix of conflicting signals for the British pound. The labor market is weakening, inflation is accelerating, and retail sales are disappointing—seemingly a recipe for currency...

The USD/JPY pair has spent three consecutive weeks without determining its direction. The pair continues to oscillate within a broad price range of 158.00–159.60, alternately bouncing off the boundaries...

The EUR/USD pair began the new trading week within the 16-mark, nearly at Friday's closing price. This behavior of the pair reflects the indecisiveness of both buyers and sellers...

The wave pattern on the four-hour EUR/USD chart is becoming more complex. There is still no question of invalidating the bullish trend segment (bottom chart) that began in January...

On Tuesday, August 25, the economic calendar contains no major events, but that does not mean that important news cannot emerge during the day. Let's briefly review the most interesting...

The EUR/USD pair continues the upward move that began after two liquidity sweeps, marked on the chart by red lines. Imbalance 17 contained the bulls' advance for a long time...

GBP/USD continues to rise, which I consider entirely justified. Reports on the US economy, labor market, and inflation have largely settled the debate over whether the FOMC will raise interest...

Bitcoin is trading around $78,405 with an upward trend after finding solid support around the 21 SMA at $77,285. Bitcoin is likely to continue rising in the coming days...

Given that gold is in an overbought zone and is technically attempting to break through the upper band of the uptrend channel, we should monitor whether the price remains below...

The euro is trading around 1.1671, below the 21-day SMA and within the uptrend channel that has formed since early August. EUR/USD could come under pressure in the coming days...