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

The price test of 1.1632 occurred when the MACD indicator was well above the zero line, limiting the pair's upside potential. The second test of 1.1632 triggered Sell Scenario...

European currencies strengthened against the dollar yesterday, with similar gains for the pound — a sign that Friday's strong US payrolls print has already been fully discounted. Traders have moved...

The EUR/USD currency pair again showed no willingness to move on Monday, and the macroeconomic backdrop was extremely weak. Therefore, the technical picture did not change over the course...

The EUR/USD currency pair showed a small rise on Monday; however, overall market moves were again weak, and volatility was low. Traders should clearly understand the current technical disposition...

The EUR/USD currency pair traded with minimal volatility on Monday, as expected. Two reports were published in Europe, including Germany, in the morning that could theoretically have affected the euro's...

Eurozone GDP rose by 0.6% quarter-on-quarter in Q2 and by 1.2% year-on-year. The headline that most investors will seize on is the comparison with the United States: American GDP grew...

On the weekend, it emerged that the Alternative for Germany (AfD) won 44% of the vote in state elections in Saxony-Anhalt, more than doubling its support and posting its best...

The euro and the pound sterling plunged sharply on Friday after US nonfarm payrolls were released, but the bearish momentum had completely evaporated by today. The immediate reactions of both...

The price test at 1.1615 occurred as the MACD indicator began to move down from the zero line, confirming the correct entry point to sell the euro. As a result...

In the coming days, the sideways movement of the European currency is likely to continue, with an overall downward bias. A pause, reversal, and subsequent rise in the exchange rate...