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

The euro continued to decline today, and even steady eurozone data failed to halt the move. By midday, the pair had fallen to around 1.1136, from which it staged...

The US midterms are one week away, and markets are holding their breath for developments in the Middle East. The market largely believes that immediately after the congressional elections —...

The price test at 1.1195 came when the MACD indicator had moved far below the zero line, limiting the pair's downside potential. For that reason, I did not sell...

Yesterday, the euro fell throughout the session. Asian trading, protests in France, and developments in commodity markets briefly gave the euro and the pound some support, as many traders...

US stock markets opened the week with confident gains. The broad-market S&P 500 added 0.7%, the tech-heavy Nasdaq Composite rose 1.1%, and the blue-chip Dow Jones advanced 146 points...

Few macroeconomic releases are scheduled for Tuesday. The only relatively important report that could influence market sentiment today is U.S. durable-goods orders. All other releases are secondary or tertiary...

The eurozone Composite PMI fell to 51.9 in October from 53.1 the previous month, reaching a four-month low. The Manufacturing PMI eased to 52.4 from 52.9, while the Services...

The Elliott Wave structure on the 4-hour chart for EUR/USD has become more complex. On the higher timeframe (lower chart), the downward trend segment has taken the form...

The euro week began with a gap up. Friday's close was around 1.1195, and the market opened near 1.1213; the pair then reached 1.1227 and now stands around 1.1217...

The EUR/USD currency pair again moved with minimal volatility on Friday, showing little reaction to macroeconomic events. PMIs for the euro area, Germany and the U.S. were published on Friday...