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. There is still no reason to speak about the cancellation of the upward trend segment (lower chart), which began...

Given that crude oil is in a strong resistance zone around the 200 EMA level, which could put temporary pressure on the price, we could still expect a strong recovery...

According to the H4 chart, gold is within an uptrend channel, and we could look for buying opportunities in the coming hours if the price consolidates above $4,700. In that...

Meanwhile, as the US dollar picks up strength, yesterday the head of the Boston Fed rebelled, joining the ranks of the more hawkish policymakers It is becoming increasingly clear that...

Trade review and trading advice on the euro The price test at 1.1748 occurred at a moment when the MACD indicator had already moved significantly above the zero line, which...

The euro and British pound were both traded today using a Momentum strategy. I did not take any trades using Mean Reversion. Important data is expected next, which will determine...

The price at 1.1761 coincided with the MACD indicator moving significantly below the zero mark, which limited the pair's downside potential. The second test at 1.1761 led to the implementation...

The US dollar has shown strong growth against the euro, pound, and other risk assets. Demand for the dollar surged yesterday after the US carried out a series of strikes...

Only a few macroeconomic reports are scheduled for Friday, but among them are significant reports. The day will begin with the release of Germany's trade balance and industrial production data...

The EUR/USD currency pair attempted to extend its upward move on Thursday, but by the end of the day, buyers again surrendered their positions. Overall, over the past three weeks...