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

GBP/USD The British pound reached its target — the upper boundary of the global descending price channel — and even pierced it with its upper shadow (weekly chart)...

AUD/USD The Australian dollar fell back below 0.6668 yesterday. Today, the decline continues quite actively. Accordingly, the breakout with consolidation on the 16th turned out to be false, which signals...

EUR/USD Following yesterday's Federal Reserve meeting, the rate was cut by the expected 0.25%. However, neither FOMC members nor Jerome Powell himself showed a hawkish stance, which...

A month ago, on August 19, we expected a US stock market reversal based on the completion of five DeMark sequences. However, that reversal didn't materialize—there was only a five-day...

Yesterday, the euro made an impressive jump upward by 105 pips, reaching the upper boundary of the price channel precisely at 1.1879. Economic data out of Europe...

The British pound gained 47 pips yesterday, closing above the target level of 1.3631. The range between 1.3631 and 1.3700 looks too fragile amid the upcoming Fed decision on monetary...

EUR/USD The euro, along with the entire currency and related markets, shifted toward risk yesterday. The price fully consolidated above the MACD indicator line, opening the target at the upper...

GBP/USD Sterling rose 40 pips yesterday against the backdrop of a 0.37% decline in the dollar index. However, this rise occurred on below-average volumes, which only underlines the risks...

EUR/NZD The EUR/NZD pair abandoned its downward scenario, reversing from support at the MACD line. A consolidation above 1.9778 would coincide with the Marlin oscillator shifting into positive territory, making...

On Friday and this morning, the euro quote remains within Thursday's range. Since September 8, the price has been coiling around the MACD indicator line, which is sloping downward...