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

The EUR/USD currency pair demonstrated very sluggish movements on Monday, despite a relatively important geopolitical backdrop that, for example, caused volatility of nearly 100 pips for the pound. However...

Tensions in trade relations between the US and the EU are escalating once again. President Trump has set a July 4 deadline for the European Union to ratify a trade...

While oil is racing against time, EUR/USD continues to rise. Morgan Stanley coined the phrase that clearly describes the situation in the oil market. Despite the scale of the crisis...

The wave pattern on the 4-hour chart for EUR/USD has changed somewhat. There is still no indication of a cancellation of the bullish trend segment (shown in the lower chart)...

Trade Review and Trading Advice for the Euro A price test at 1.1762 occurred at the moment when the MACD indicator had just started moving upward from the zero line...

Today, the euro and the British pound were traded using the Mean Reversion strategy, though no significant reversals ultimately developed. I did not execute any trades using the Momentum strategy...

April's US nonfarm payrolls paint a picture of deceptive stability. As experts point out, on closer inspection, it looks more like a deep freeze. Despite the reported gain of 115,000...

Last Friday, despite positive job growth, the US nonfarm payrolls for April failed to trigger a meaningful rally in the US dollar. The key factor weighing on market sentiment remains...

The price at 1.1765 coincided with the moment when the MACD indicator was just starting to move down from the zero mark, confirming the correct entry point for selling...

The US dollar has again shown strong growth against the euro, the pound, and other risk assets, driven by the escalating situation in the Middle East. Last Friday, the dollar...