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

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On Wednesday, the EUR/USD pair continued its upward movement after rebounding from the support level of 1.1594–1.1607 and by the end of the day closed above the 1.1645–1.1656 level. Thus...

Yesterday, the U.S. dollar suffered significantly after a weak ADP employment report; however, the negative figures were partially offset by strong data on growth in U.S. services sector activity. According...

On Wednesday, the pair, moving upward, did not reach the 14.6% retracement level at 1.1685 (red dashed line), closing the daily candle at 1.1670. Today it may begin moving downward...

The US dollar experienced a significant decline yesterday following reports that American companies cut jobs in November by the largest amount since the beginning of 2023, which heightened concerns about...

Yesterday, several entry points into the market were formed. Let's take a look at the 5-minute chart and analyze what happened. In my morning forecast, I focused on the 1.1651...

The test of the price at 1.1674 coincided with the moment when the MACD indicator had been in the overbought area for quite some time and was declining toward...

The U.S. dollar fell sharply against several risk assets yesterday for objective reasons. As indicated by the data, ADP employment in the U.S. decreased by 32,000 in November, while economists...

There are relatively few macroeconomic reports scheduled for Thursday, and none of them are considered important. In the UK, the construction sector's business activity index will be published...

The EUR/USD currency pair resumed its upward movement on Wednesday after a slight pullback within the local upward trend. It is important to remember that a key technical point remains...