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

For GBP/USD, the wave pattern continues to indicate the construction of an upward impulse structure. The wave picture is almost identical to that of EUR/USD, since the only "culprit" remains...

Trade analysis and tips for trading the British pound The price test at 1.3489 occurred when the MACD indicator had already moved significantly downward from the zero mark, which limited...

Only the Canadian dollar could be traded today using the Mean Reversion strategy. For Momentum, I traded the pound and the yen. In the second half of the day, data...

Today the EUR/GBP pair is rising for the second consecutive day. Despite weak German economic data, the pair extended its upward movement. Market focus now shifts to the upcoming preliminary...

The test of the 1.3498 price level occurred when the MACD indicator had already moved down significantly from the zero line, which limited the pair's downside potential. For this reason...

Early in the European session, the euro is trading around 1.1657, undergoing a technical correction after reaching the 61.8% Fibonacci retracement. It is likely to continue falling in the coming...

If gold consolidates below the 21SMA at 3,409 in the next few hours, it will be seen as a clear signal to sell, with targets at 3,398 and the 5/8...

There are several macroeconomic releases scheduled for Friday, but none of them are particularly significant. In Germany, reports on inflation, unemployment, and retail sales will be published; however, these data...

Thursday Trade Review: 1H Chart of GBP/USD On Thursday, the GBP/USD pair spent nearly the entire day in a narrow range, showing minimal volatility. Even the US GDP report...

The euro, pound, and other risk assets managed to hold their ground against the US dollar yesterday, despite few reasons for this. Yesterday, the revised US GDP growth data...