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

The European Central Bank's (ECB) upward revisions to inflation and GDP forecasts, amidst a slowdown in U.S. CPI, allow the EUR/USD pair to continue its rally. When the market does...

Trade Review and Trading Tips for the European Currency The test of the 1.1737 price level occurred when the MACD indicator was just beginning to move downward from the zero...

Today, only the Canadian dollar was traded using the Mean Reversion strategy. I traded the British pound and the Japanese yen using the Momentum strategy. The euro and the pound...

The price test at 1.1711 occurred when the MACD indicator had moved significantly below the zero mark, limiting the pair's downside potential. For this reason, I did not sell euros...

The market bought the rumor and sold the fact, while the worsening outlook for the German economy acted as a catalyst for the EUR/USD pullback. Moreover, the situation in Ukraine...

Trade Analysis and Advice for Trading the Euro The price test at 1.1715 occurred at a moment when the MACD indicator had moved far below the zero line, which limited...

The wave count on the 4-hour chart for EUR/USD has changed, but overall it still remains quite clear. There is no talk of canceling the upward segment of the trend...

EUR/USD is receiving some support as the U.S. dollar's recovery following the release of U.S. Nonfarm Payrolls data is losing momentum. Diverging expectations regarding the Federal Reserve and the European...

Yesterday's data from S&P Global showed that in December of this year, private sector activity in the eurozone increased less than expected, as Germany's manufacturing sector unexpectedly deteriorated. According...

Yesterday, several entry points into the market were formed. Let's take a look at the 5-minute chart and analyze what happened. In my morning forecast, I emphasized the level...