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

In the next couple of days, the British pound is likely to continue its downward trend before transitioning into a sideways movement near the resistance zone. In the second half...

Analysis: The short-term trend for GBP/USD has been bearish since mid-summer, with the final segment (Wave C) nearing completion. The pair is within a potential weekly reversal zone. The upward...

The direction of the short-term trend for the British pound since the end of August this year has been set by a bearish wave in the form of an extended...

Brief Analysis: Since September 26, a downward corrective wave has been forming for the British pound. The wave structure is developing as an extended flat and appears complete...

Technically, the euro is showing a positive signal. So, we believe it could consolidate above 1.0864 in the next few days, which could be seen as a signal...

Analysis: The euro has been moving in an upward trend. Since the end of August, a corrective zigzag has been forming from the resistance zone. The price is currently fluctuating...

Video Agenda: 00:00 INTRO00:14 Totay's key events: SNB Interest Rate Decision, SNB Monetary Policy Assessment, SNB Press Conference, Initial Jobless Claims, Fed Chair Powell Speaks, Pending Home Sales 02:50 EUR/USD05:27...

Brief Analysis: Since October of last year, the price trend direction of the main British pound pair has been driven by an upward wave algorithm. The quotes have reached...

In the first few days of the upcoming week, the European currency is expected to trade sideways along support levels. Towards the end of the week, volatility is likely...

The euro could find strong resistance around 200 EMA or around 6/8 Murray (1.1108). So, we believe this area could be a barrier for the euro. If it fails...