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

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

Very few macroeconomic releases are scheduled for Wednesday. Early Wednesday morning, the UK will publish the inflation report, the day's most important release. Headline CPI is expected to rise...

EUR/USD again showed no meaningful moves on Tuesday because the macro and fundamental backdrop was weak. Morning releases in the Eurozone and Germany were the ZEW economic-sentiment indices...

The test of the 1.1225 level occurred when the MACD indicator had just started moving downward from the zero line, confirming that it was the right time to enter...

A price test at 1.1217 occurred as the MACD indicator began moving up from the zero line, confirming a valid entry point to buy the euro. As a result...

Tuesday's session started calmer than Monday's, and both currencies moved higher. Overnight, the euro recovered nearly all of Monday evening's decline and rose to about 1.1235, while the pound climbed...

EUR/USD showed no meaningful moves on Monday, as expected. At the open, price dropped sharply, then recovered just as sharply, and that was essentially the extent of the action. Note...

The first half of the day passed without any new European data releases, making the price action on the charts all the more interesting. The euro and the pound briefly...

A price test at 1.1254 occurred as the MACD indicator began moving down from the zero line, confirming a valid entry point to sell the euro. As a result...

The week opened with a rough morning for the euro. The dollar started Monday in good shape after Friday, while the single currency faced double pressure from strong US data...