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

The EUR/USD pair has been declining for the eleventh consecutive day. At the moment, quotes remain near "bullish" imbalance 9, which still allows for a potential reaction to this pattern...

Trade Analysis and Tips for Trading the European Currency The test of the 1.1642 price level occurred at a moment when the MACD indicator had moved significantly below the zero...

On Thursday, the EUR/USD pair continued to decline and reached the support level of 1.1645–1.1648. A rebound from this zone today would favor the European currency and lead...

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Consumer inflation expectations in the euro area remained stable in November, allowing the European Central Bank to keep interest rates at current levels. According to the ECB's monthly survey published...

While the euro is gradually weakening against the U.S. dollar, European Central Bank Vice President Luis de Guindos stated that interest rates are at an acceptable level, although he warned...

The price test at 1.1673 occurred at the moment when the MACD indicator had just started moving down from the zero line, which confirmed a correct entry point for selling...

There are quite a few macroeconomic publications scheduled for Friday, and among them some will be important. We should start with the European reports on industrial production in Germany...

Thursday Trade Analysis EUR/USD 1H Chart The EUR/USD currency pair continues a very weak decline within a new downward trend. From the perspective of fundamental and macroeconomic analysis, we cannot...

The EUR/USD currency pair maintained its downward trend throughout Thursday but once again traded very weakly. At the beginning of the current week—and of the new year as a whole—we...