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

Today, I attempted to trade the British pound using the Mean Reversion strategy, as I did with the Australian dollar, but no major counter-movements materialized. I traded the Canadian dollar...

The dollar made a strong recovery last Friday after the U.S. composite output index soared to 56.0 in August, up from 54.5 in July. The services activity jumped to 56.8...

No macroeconomic publications are scheduled for Monday, not even secondary ones. Thus, traders will have nothing to react to throughout the day, and volatility may be weak again. There...

The EUR/USD currency pair maintained bullish momentum during Friday's trading, which is the most important takeaway. Last week, the European currency showed solid growth, which we believe was entirely justified...

The EUR/USD currency pair once again failed to continue moving higher on Friday, but we do not observe a significant correction either. Instead, the price has left the market...

The British pound performed reasonably well today using the Mean Reversion strategy. I also tried trading the yen and the Canadian dollar using Momentum. The euro and the pound rose...

The EUR/USD currency pair maintained its upward momentum during Thursday trading, staying above 1.1665, and showed a desire to continue rising overnight on Friday. Overall, for a strong trend...

The EUR/USD currency pair struggled to appreciate on Thursday. Still, the corrective pullback was quite weak, which keeps the possibility of bulls renewing pressure at any moment. Most importantly...

The wave count on the 4-hour chart for EUR/USD is becoming more complex. There is still no question of invalidating the bullish trend segment (lower chart), which began in January...

The EUR/USD currency pair resumed its upward movement on Wednesday, as expected. The European currency began rising early in the morning, so it cannot be said that the euro's growth...