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

Analysis of Wednesday's Trades 1H Chart of GBP/USD The GBP/USD pair continued to trade within a horizontal channel on Wednesday, as seen in the chart above. The British pound...

Analysis of Wednesday's Trades 1H Chart of EUR/USD The EUR/USD pair attempted to start an upward correction on Wednesday but failed to break through the nearest resistance level of 1.0596...

The GBP/USD currency pair continued trading flat on Wednesday. Unlike EUR/USD, however, the flat in GBP/USD is more defined, with clear boundaries. Over the past week, price movements have oscillated...

The EUR/USD currency pair continued trading flat on Wednesday. As noted earlier, the pair has entered a consolidation phase due to a lack of buyers in the market...

Analysis of Tuesday's Trades 1H Chart of GBP/USD On Tuesday, the GBP/USD pair attempted to initiate an upward correction but failed again. Market participants are unwilling to buy the pound...

Analysis of Tuesday's Trades 1H Chart of EUR/USD On Tuesday, the EUR/USD currency pair again attempted a correction, only to fail again. The price approached the 1.0596 level...

On Tuesday, the EUR/USD currency pair again attempted an upward correction. As shown on the chart, the attempts were modest at best. The pair barely broke through recent local highs...

On Tuesday, the GBP/USD currency pair fluctuated up and down. A flat trend is evident in the hourly timeframe, which has formed over the past few days. The price...

The EUR/USD currency pair continued to trade below the moving average line on Tuesday. While it avoided another drop this time, the price still struggles to stage even a minimal...

On Monday, the GBP/USD pair hit a new local low; on Tuesday, little movement or meaningful correction was observed. The inability of the pound sterling to even correct highlights...