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

The test of the price level at 1.1654 coincided with the MACD indicator moving significantly above the zero mark, which limited the pair's upward potential. For this reason...

The dollar remains in the spotlight amid developments in the Middle East. Yesterday, the dollar strengthened against the euro, the pound, and other risk assets amid another escalation in geopolitical...

Several macroeconomic reports are scheduled for Wednesday, June 3. If we set aside all secondary data that will undoubtedly be ignored by the market, the key reports left...

The EUR/USD currency pair continued to trade within a sideways channel, as shown on the hourly chart. Traders still cannot find grounds to buy or sell the pair. The macroeconomic...

The EUR/USD pair traded on Tuesday in the same manner as in recent weeks—exhibiting low volatility and a minimal upward tilt. In the current circumstances, it seems unnecessary to analyze...

Markets began factoring in the odds of conflict resolution in the Middle East since the ceasefire regime commenced in April. By the third decade of May, the chances for peace...

Today, the euro and the British pound both moved in line with the Mean Reversion strategy. I did not take any trades based on the Momentum strategy. As the data...

The direction of global financial markets last week was determined exclusively by geopolitical factors, completely eclipsing the AI story, macro data, and central bank rhetoric. A marked optimistic shift...

The dollar reminded traders of its presence yesterday, but all rough patches and problematic moments were promptly resolved, restoring demand for risk assets. News that Iran has suspended negotiations with...

The report reflects a cooling of speculative optimism, while the geopolitical background enhances caution. Open Interest: 824,224 contracts (each contract = €125,000). Decreased by 1,795 over the week. Long: 223,055...