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

The GBP/USD currency pair attempted once again to breach the support area of 1.3465-1.3480 on Tuesday but was unsuccessful once more. Thus, the sideways channel of 1.3465-1.3588 remains relevant. Additionally...

The EUR/USD currency pair continued to exhibit low volatility throughout the day on Tuesday. The fundamental, macroeconomic, and geopolitical backgrounds were again absent, leaving traders with nothing to react...

On April 30, the ECB will hold its next meeting. A month ago, the market was almost certain the rate would be raised by 25 basis points, allowing the euro...

Macroeconomic data from the United Kingdom published last week appeared mostly positive. PMI indices rose in April in both sectors, and retail sales growth in March exceeded forecasts, meaning concerns...

Throughout Monday, the GBP/USD currency pair also traded with a rise; however, unlike the EUR/USD pair, it maintains an upward trend. The attempt to breach the nearest support area...

The EUR/USD currency pair attempted to extend its upward move on Monday but ran into an insurmountable barrier in the 1.1750-1.1760 area. Recall that the pair previously broke the trend...

The cumulative long position in the U.S. dollar against major global currencies decreased by $3.1 billion over the reporting week, down to $11.6 billion, marking a decline for the second...

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...