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

The euro and the British pound both performed well today using the Mean Reversion strategy. I did not execute any trades based on the Momentum strategy. The euro posted strong...

The Federal Reserve left its interest rate unchanged, but the decision proved quite controversial. The vote was 9 to 3 in favor of a pause, while three regional Fed presidents—Hammack...

The price test at 1.1388 coincided with the moment when the MACD indicator was beginning to move downward from the zero mark, confirming an appropriate entry point to sell...

Yesterday, the US dollar collapsed against risk assets, and there were objective reasons for this. Yesterday, the Federal Reserve kept the rate unchanged, but the decision was quite controversial. Three...

A substantial number of macroeconomic publications are scheduled for Thursday. In Germany, reports on GDP for the second quarter and inflation will be released. In the Eurozone, GDP and unemployment...

On Wednesday, the EUR/USD currency pair showed a sharp, strong rise from the lower boundary of the sideways channel to the upper boundary. The reason for this sudden surge...

The EUR/USD currency pair traded with minimal volatility for much of Wednesday, but, naturally, activity exploded in the evening. In reality, there was nothing explosive in Kevin Warsh's words...

The EUR/USD currency pair remained largely within a downward trend on Wednesday. As is our tradition, we will not examine the results of the Federal Reserve meeting or the initial...

The test at 1.1371 coincided with the moment when the MACD indicator moved significantly upward from the zero mark, limiting the pair's bullish potential. For this reason...

No macroeconomic publications are scheduled for Wednesday, not even secondary ones. Thus, throughout the day, we are unlikely to see strong trending movements, even for the smallest timeframes. Traders will...