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

The macroeconomic data released in the U.S. on Wednesday was ambiguous yet informative. The second estimate of GDP for the second quarter confirmed a slowdown in economic growth, while...

The EUR/USD pair remains range-bound; however, the macroeconomic balance is gradually but confidently shifting in favor of buyers. The euro currently benefits not only from the persistent weakness of American...

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 report on Australia's labor market did not favor the Aussie. This is precisely why the AUD/USD pair was unable to overcome the resistance level of 0.7130 (the upper line...

The pound has broken above the resistance level of 1.3560 (the upper line of the Bollinger Bands on the H4 timeframe), reacting positively to reports on the labor market...

The ZEW indices released on Tuesday have sided with the European currency, providing background support for buyers of the EUR/USD pair. Contrary to the cautious forecasts of most analysts...

On Monday, the pound against the dollar reached a three-month price high, marking 1.3570. This price movement is due not only to the general weakening of the greenback but also...

The economic calendar for the next week is not rich in significant events for the EUR/USD pair. On Tuesday, the ZEW Economic Sentiment Index for Germany will be released...

EUR/USD continues to trade within the 1.1520–1.1570 price range, whose boundaries correspond to the lower and upper Bollinger Bands on the H4 timeframe. Traders cannot determine the pair's next direction...