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

The wave pattern on the 4-hour chart for EUR/USD has changed somewhat. There is still no talk of canceling the upward trend segment (lower image), which began in January...

The Eagle indicator is showing negative signals, so the British pound is expected to continue falling. However, if the price remains above 1.35, it will be seen as a positive...

Bullish oil prospects, a stabilizing labor market, and a pick-up in US inflation — what more is needed to strengthen the greenback? The US dollar should benefit from high demand...

The test of the 1.1731 price level occurred when the MACD indicator was just beginning to move downward from the zero mark, confirming a valid entry point for selling...

Today, only the Canadian dollar was traded using the Mean Reversion strategy, but it never developed into a proper reversal movement. Through the Momentum strategy, I traded the British pound...

Yesterday, the US dollar rose following the news that the US consumer price index for April delivered an unpleasant surprise to markets: inflation accelerated to its highest level in nearly...

The test of the price at 1.1740 coincided with the moment when the MACD indicator was just beginning to move downward from the zero mark, confirming the correct entry point...

Demand for the US dollar has not abated, and in the second half of the day, it even increased, leading to another sell-off of risk assets. The euro declined...

Given that the euro is within an uptrend channel, the outlook could be positive for the coming days, so we should keep an eye on the 4/8 Murray zone. Above...

Gold is trading around $4,723, above the 200-day EMA and the 21-day SMA, showing signs of recovery after hitting the key support level of $4,642, which coincided with the lower...