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

The 1.1416 price test occurred when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward potential. For this reason, I did not sell...

The EUR/USD pair on Tuesday resumed its downward movement within the existing downtrend after failing to begin an upside correction for three days. The 1.1461–1.1473 area was breached, allowing...

The EUR/USD pair traded with minimal volatility again on Tuesday, but maintained a downward trend. So even on days when market activity approaches zero, the euro still weakens. Almost everyone...

A fairly large number of macroeconomic releases are scheduled for Wednesday, but they are unlikely to shift market sentiment meaningfully — which continues to buy the dollar for any reason...

The morning brought a mixed picture: the euro continued to lose ground amid domestic political problems in Germany, while the pound, despite an attempt to renew last week's low, quickly...

The wave structure of the 4-hour chart for EUR/USD is becoming more complex. There is still no question of cancelling the upward trend segment (lower chart), which began in January...

The EUR/USD pair on Monday again tried to start a correction and bounce from the 1.1461–1.1471 area, but that plan failed once more. Traders cannot push through the 1.1461–1.1471 zone...

The EUR/USD pair spent virtually all of Monday standing still. As expected, volatility was minimal, and no important information reached traders during the day. So it's not surprising there were...

The EUR/USD pair on Monday again tried to start an upside correction—with the same lack of success as on Friday and Thursday. Traders have so far been unable to break...

The EUR/USD pair attempted a modest correction for the second day in a row on Friday. It again performed poorly, even though the only somewhat important release — US industrial...