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

Preparing for the US midterms has entered the home stretch: reserved ad budgets and parties' direct campaign spending are hitting record highs. But the week's main political shock came from...

The EUR/USD pair unexpectedly rose sharply on Thursday—something it hadn't managed in about two months. Yesterday the European Central Bank met and made no major policy changes. The single notable...

Several macro releases are scheduled for Friday. Germany will publish important reports on unemployment, inflation, and Q3 GDP. The euro area will release its GDP and unemployment figures. The U.S...

The EUR/USD pair posted an unexpected, firm rise on Thursday. Of course, calling it a "firm" rise is difficult when the euro has been falling for two months straight...

The euro is trading around 1.1136, rebounding after finding strong support around the 3/8 Murray level at 1.1108. The Murray indicator has changed its parameters; as seen in previous charts...

By midday, the euro had still not chosen a direction. It rose to nearly 1.1151 in the morning, then retraced. Closer to noon, sellers managed to push the pair down...

Last night, the Fed released the results of the penultimate meeting of the year, and in our EUR/USD and GBP/USD pieces we did not focus on that topic—although calling...

The dollar failed to gain traction following yesterday's Fed decision and Chair Kevin Warsh's press conference. The market expected a pause and got one, but traders were looking for something...

The test of the 1.1135 level occurred as the MACD indicator began moving up from the zero line, confirming a valid entry point to buy the euro. As a result...

The wave count on the four-hour chart for EUR/USD has become more complex. On the higher time frame (bottom chart), the downward trend segment has taken the form...