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

The GBP/USD currency pair also showed a decent rise on Tuesday, but that rise has virtually no impact on the overall technical picture. Since the market is not currently reacting...

The EUR/USD pair showed a modest recovery on Tuesday, but that recovery looks convincing only on the very shortest timeframes. On the daily chart, it is barely visible —...

The GBP/USD currency pair also showed a fairly confident rise on Tuesday. It is as difficult to say on what basis the dollar fell sharply as it was to explain...

The EUR/USD currency pair unexpectedly rose on Tuesday. Of course, nothing lasts forever, but over the past month traders have probably grown unaccustomed to prices moving anything other than down...

Very few macroeconomic releases are scheduled for Wednesday, and none of them are important. Germany will publish its August industrial-production report today, but who on the market is really interested...

The GBP/USD pair also showed upward movement on Tuesday, although no local fundamentals justified it. Still, like the euro, the pound has generally fallen or stayed flat. Over the past...

The EUR/USD currency pair corrected slightly again on Tuesday—and when I say minimally, I mean really minimal. In essence, the euro has not managed a proper correction for a month...

The final GDP estimate for the UK in Q2 was revised sharply higher from the preliminary reading — quarterly growth was revised up to 0.5% and year-on-year to 1.4%. Positivity...

The USD/CHF pair consolidates around 0.8300. The US dollar pulled back from its October high but strengthened amid increased safe-haven demand following an escalation of geopolitical conflicts. Volatility in international...

The wave count on the four-hour chart for EUR/USD is becoming more complex. There is still no reason to consider the upward section of the trend (lower chart), which began...