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

The wave pattern on the 4-hour chart of the EUR/USD instrument has been updated. It is still too early to draw conclusions about the cancellation of the upward trend section...

Trade Analysis and Guidance for the European Currency The price test at 1.1703 occurred when the MACD indicator had already moved well below the zero line, which limited the pair's...

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The US dollar index slipped by 0.7% this past week — its worst weekly performance since June. Starting from Thursday, the greenback has been weakening for four consecutive trading days...

On Thursday, the EUR/USD pair rebounded from the support level of 1.1645–1.1656 and continued to rise toward the 38.2% Fibonacci retracement level at 1.1718, which could be tested today...

Yesterday, the euro rose following another speech by European Central Bank President Christine Lagarde, who stated that interest rates are in a good place, a view supported by nearly...

While the U.S. dollar is actively losing ground against risk assets, the International Monetary Fund has stated that it sees significant risks to global growth due to renewed tensions between...

The U.S. dollar continues to lose ground against a range of risk-sensitive assets, and this comes as no surprise. Yesterday, Federal Reserve officials once again delivered coordinated messages, preparing...

The test of the 1.1666 level occurred when the MACD indicator had already climbed significantly above the zero line, which limited the pair's bullish potential. For this reason...

Once again, Friday's calendar contains very few macroeconomic reports. In earlier reports, we mentioned that there were no releases scheduled at all, but that isn't entirely accurate. Today, the eurozone...