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

Trade Analysis and Recommendations for the Euro The price test of 1.1575 occurred when the MACD indicator had already moved far below the zero mark, which limited the pair's downward...

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On Thursday, the pair moved upward, broke through resistance at 1.1608 (blue dashed line), then moved down, closing the daily candle at 1.1595. Today it may begin a downward movement...

While the euro is trying to gather strength for a new upward move against the US dollar, Chief Economist Philip Lane believes that the European Central Bank (ECB) will...

The price test at 1.1599 occurred when the MACD indicator had moved significantly above the zero mark, limiting the pair's upside potential. For this reason...

Sellers of the dollar paused yesterday in the absence of new guidelines. Today, in the first half of the day, a considerable amount of important German data is expected, which...

There are a few macroeconomic reports scheduled for Friday, all from Germany. It is important to remember that Germany is considered the "locomotive" of the European economy—a "locomotive" that...

The EUR/USD currency pair traded with minimal volatility, mostly sideways, on Thursday. Yesterday morning, we warned that such movements were to be expected, as there were no scheduled macroeconomic...

The EUR/USD currency pair rose slowly but steadily on Wednesday and Thursday. On Wednesday, the macroeconomic background did not support the rise of the European currency; however, the bulls made...

As Thursday came to a close, the EUR/USD pair remained in a sideways range, with buyers unable to decisively overcome the round level of 1.1600. Despite the bullish momentum remaining...