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

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

EUR/USD started November with a gain: on Monday the euro rose about 0.5% to 1.1237 after closing last week at 1.1160. That is a notable bounce after the pair...

The euro and the pound rose in the first half of the day after October manufacturing PMIs, but they could not hold those gains for long. I do not expect...

The euro was under pressure at the end of last week, and the pound experienced a similar dynamic. One reason was the eurozone GDP release for Q3 published last Friday...

The US dollar rose while the euro and the pound sterling fell after remarks from two Fed officials who agreed on one point: rates need to be raised; the only...

The price test at 1.1191 occurred as the MACD indicator began moving down from the zero mark, confirming the right entry point to sell the euro. As a result...

The main intrigue this week centers on the US midterm elections. The first preliminary figures will be available by Wednesday morning, but the final ballot counts can traditionally take weeks...

The EUR/USD pair slid sharply on Friday, calling into question the upside momentum. Last week was packed with fundamental events, but the market had plenty of time to price them...

The EUR/USD pair unexpectedly plunged on Friday, wiping out the bulls' efforts earlier in the week. Over the past several weeks, the euro has traded near its lowest levels...

Preparing for the US midterms has entered the home stretch: reserved ad budgets and parties' direct campaign spending are hitting record highs. But the week's main political shock came from...