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

Early in the American session, the euro was trading around 1.0693, below 8/8 Murray. During the European session, the euro reached a weekly high around 1.0722, the level last seen...

Analysis:The latest wave structure for GBP/USD, initiated in August last year, remains incomplete and is descending. This section serves as a correction within a larger wave. Over the past week...

Early in the American session, EUR/USD was trading around 1.0411 reaching the top of the downtrend channel forming since November 22nd. During the European session, the euro had a strong...

Brief Analysis: Since late August, the British pound has been forming a bearish wave against the US dollar, weakening its position. This segment is part of a larger corrective wave...

At the start of the upcoming week, the British pound is likely to move sideways near the calculated resistance levels, with the potential for a brief breach of the upper...

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...