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

The GBP/USD pair rose by 70-80 pips on Friday, which could be attributed to the euro's rally, news about Abbas Araqchi, or the UK retail sales report. In my view...

On Friday, the EUR/USD currency pair would have continued its downward movement if it hadn't encountered a strong support line from the Ichimoku indicator—Senkou Span B. Essentially, the entire...

The GBP/USD currency pair traded between 1.3480 and 1.3588 on Thursday, though the channel has narrowed to 1.3480-1.3535. The area between 1.3465 and 1.3480 could not be breached again...

The EUR/USD currency pair continued its downward corrective movement on Thursday. Volatility has remained quite low for several days, and the pair's decline is purely technical. However, it cannot...

The GBP/USD currency pair attempted another downward correction on Wednesday, but it has actually been trading in a sideways channel between 1.3480 and 1.3588 for a week. The area between...

The EUR/USD currency pair continued its downward corrective movement on Wednesday. Volatility has remained quite low for several days, and the pair's decline is purely technical. However, it cannot...

Last week, reports in the Japanese press indicated that the Bank of Japan is not particularly prepared to raise rates at its April 28 meeting. In particular, it has been...

The GBP/USD currency pair attempted a downward correction on Tuesday but has since traded in a range between 1.3480 and 1.3588 for several days. If the price bounces from...

The EUR/USD currency pair resumed its downward corrective movement on Tuesday. Volatility has remained relatively weak for several days, and the pair's decline is primarily observed due to technical reasons...

The UK labor market report differed significantly from forecasts on some parameters but nevertheless did not elicit a noticeable reaction. The unemployment rate fell sharply from 5.2% to 4.9%...