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

The eleventh week of the US and Israel's war against Iran has transformed from a military conflict into a full-blown global economic crisis. The Strait of Hormuz — through which...

The price test at 1.1626 occurred when the MACD indicator had already moved significantly below the zero mark, limiting the pair's downward potential. Against the backdrop of escalating tensions...

Demand for the US dollar remained strong at the end of last week, as the situation in the Middle East has not improved. Geopolitical tensions in the Middle East continue...

No macroeconomic reports are scheduled for Monday, May 18. Therefore, novice traders can only monitor geopolitical events throughout the day. Just this morning, it became known that an unidentified drone...

The EUR/USD currency pair continued its downward movement on Friday, marking the fourth consecutive day of decline. Last week, the euro moved in only one direction—downward. In our fundamental articles...

The EUR/USD currency pair significantly decreased last week, and the anticipated new wave of the bullish trend that many have been waiting for 8-9 months is once again postponed. Although...

The EUR/USD currency pair continued its downward movement on Friday, although there were few strong reasons for this. However, the market has remained focused on the escalation of the conflict...

The euro enters the new week in a state of shock. Last week saw a 160-basis-point decline, but it is not the magnitude of the drop that is alarming...

Today, the euro, pound, and Canadian dollar trades were executed using the Mean Reversion strategy. I did not trade anything using the Momentum strategy. Traders frightened by inflation are maintaining...

If bearish momentum prevails, the euro has a significant and key support level around the 3/8 Murray line at 1.1596. This level could offer a good opportunity to open long...