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

The test of the 1.1198 price level occurred when the MACD indicator was just beginning to move upward from the zero line, confirming that it was an appropriate entry point...

The Elliott Wave count on the 4-hour chart for EUR/USD has become more complex. On the higher timeframe (lower chart), the downward trend segment has taken the form...

The EUR/USD currency pair continued trading within a sideways channel on Monday, which has been in place for a month. It should be noted that the sideways movement began immediately...

The EUR/USD currency pair recovered slightly on Monday after declining at the end of last week. However, all price movements over the past month have taken place within a sideways...

The euro and the pound sterling weakened against the dollar after the US employment report for October. Nonfarm payrolls rose by 165,000 versus a forecast of 65,000 and a prior...

The test of the 1.1159 level occurred when the MACD indicator had already moved significantly below the zero line, limiting the pair's downward potential. For this reason, no short position...

The euro started the session with a modest recovery but remains under pressure. Friday's US labor market report revived demand for the dollar, while European economic data added...

Over the coming week, the euro is expected to trade predominantly sideways. A short-term rise and brief pressure on the resistance zone are possible over the next couple of days...

The wave count on the 4-hour EUR/USD chart has become more complex. On the higher timeframe (lower chart), the downward trend segment has taken the form of a five-wave structure...

The EUR/USD currency pair fell sharply on Friday. This time, it would be difficult to argue that the decline was unjustified or unexpected. A closer examination of Friday's price movements...