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

The British pound and the Canadian dollar were traded today using the Mean Reversion strategy. I did not trade anything using Momentum. The lack of fresh economic data, as expected...

There are very few macroeconomic publications scheduled for Tuesday, and none of them are significant. In the US, reports on consumer confidence and changes in private sector employment...

On Monday, the EUR/USD currency pair exhibited movements that few anticipated. At the beginning of the day, the euro started to rise after two reversals near the lower boundary...

The EUR/USD currency pair rose and then fell on Monday, driven by geopolitical developments. The fact is that over the weekend, Donald Trump again decided to pardon Iran...

On Monday, all market attention was focused on the geopolitical agenda, amid de-escalation signals from the US and Iran. Recent events surrounding the Middle Eastern conflict have significantly reduced demand...

The wave pattern on the 4-hour chart for the EUR/USD instrument is becoming more complex. While there is still no talk of canceling the upward segment of the trend that...

Very few macroeconomic reports are scheduled for Monday. In Germany, the business climate index for July will be published today, which we cannot classify as "important." In the US, there...

The EUR/USD pair attempted to continue its decline during trading on Friday but failed for the second time to break through the area of 1.1363-1.1377, which is the lower boundary...

The EUR/USD pair continued to trade with minimal volatility and mostly sideways on Friday. The market continued to ignore all factors in favor of the euro. Certainly, the business activity...

The EUR/USD pair once again demonstrated ultra-low volatility on Friday, and last week the pair moved only on Thursday, when the results of the European Central Bank meeting were disclosed...