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

The euro and pound traded with very low volatility today, so neither the Mean Reversion nor the Momentum strategy was triggered. In the second half of the day, the market...

The price test at 1.1646 coincided with the moment when the MACD indicator was starting to move up from the zero mark, confirming the correct entry point for buying...

There are very few macroeconomic publications scheduled for Friday, but one could have a bombshell effect on the market. Later today, the annual revision of the Non-Farm Payrolls figure will...

The European Central Bank (ECB) reports following the monetary policy meeting held on July 22-23 indicate that ECB members remain inclined towards further monetary policy tightening, despite the unanimous decision...

The test of the 1.1650 price level occurred when the MACD indicator was just beginning to move downward from the zero line, confirming the validity of the entry point...

The U.S. dollar continued to strengthen its advantage against risk assets, aided by decent U.S. reports. Yesterday, the dollar reacted with gains to the U.S. data. According to the report...

There are only two macroeconomic publications scheduled for Thursday, and neither is expected to have any significant impact on market sentiment. Germany will release the GFK consumer confidence index, while...

The EUR/USD currency pair showed no interesting movements during trading on Wednesday. There was a slight decrease throughout the day, but this decline mirrored the trend observed over the past...

The EUR/USD currency pair once again exhibited no interesting movements on Wednesday, despite several somewhat notable reports from the U.S. Low volatility should not come as a surprise to anyone...

Prepare for uncertainty: the euro is in no hurry to leave its familiar territory. The EUR/USD pair has frozen in a narrow range, awaiting the meeting of central bank heads...