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

There are very few macroeconomic reports scheduled for Monday. Essentially, the only report to note is the industrial production report in the Eurozone. This is an interesting report...

The EUR/USD currency pair traded exclusively sideways on Friday, with minimal volatility. It is worth noting that on Wednesday in the U.S., important reports on the labor market and unemployment...

The GBP/USD pair also traded with low volatility on Friday, mostly sideways. Overall, after breaking the descending trend line, we did not observe any interesting movements. The British pound...

The GBP/USD currency pair showed no notable movements on Friday, despite the release of a significant U.S. inflation report. What makes it significant? In fact, the report's January value matched...

The EUR/USD currency pair showed no notable movements on Friday, and the day's overall volatility was 37 pips. Thus, there is practically nothing to analyze. There is a clear upward...

The GBP/USD currency pair continued its corrective movement on Friday after breaking out of the descending trend line on Monday. The price could not consolidate below the critical line...

The EUR/USD currency pair showed no notable movements on Thursday or Friday. Both days passed with minimal volatility just above the critical Kijun-sen line. Thus, it is currently even difficult...

The U.S. dollar continues to squeeze the maximum possible from every situation, every report, and every piece of news. In my opinion, if the market had not regularly disregarded U.S...

The British pound has also formed a five-wave upward structure, but unlike the euro, this structure is impulsive. Therefore, unless there is an inappropriate and unexpected complication of this structure...

The review of the European currency should begin with wave analysis. We observed a five-wave upward structure a-b-c-d-e, which unfortunately did not take on an impulsive form. However, even...