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

The wave structure on the 4-hour chart for EUR/USD threatens to evolve into a more complex formation. A new downward structure began forming on September 25, taking the shape...

Trade Analysis and Tips for the Euro The price test at 1.0785 occurred when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward...

In my morning forecast, I highlighted the level of 1.0801 and planned to base my market entries on it. Let's look at the 5-minute chart to see what happened...

Important support is located around the 21 SMA at 3,035. This level coincides with the bottom of the uptrend channel, which could suggest a technical rebound in the coming days...

Early in the American session, the euro is trading around 1.0771, below the 21SMA, and within the downtrend channel forming since March 14. The bias is bearish. Yesterday, EUR/USD attempted...

On Thursday, the EUR/USD pair rebounded from the 161.8% Fibonacci retracement level at 1.0734 and rose to the resistance zone of 1.0781–1.0797. A rebound from this zone would favor...

Today, the EUR/USD pair is consolidating near the key psychological level of 1.0800, showing no intention of retreating below 1.0780 as traders and investors await the release of the U.S...

As the week comes to an end, the market remains indecisive, with no clear preferences evident. Yesterday, the bulls made some progress, adjusting the prevailing bearish sentiment. To confirm...

The price test at 1.0806 occurred when the MACD indicator had already moved significantly above the zero mark, which limited the pair's upside potential. For that reason, I didn't...

The euro and the pound have shown that no one is ready for a major sell-off. However, there was no active support from big market participants positioned for long positions...