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

The wave pattern on the 4-hour chart for EUR/USD has transformed and, unfortunately, not for the better. There is no talk of cancelling the upward trend segment that began...

Hour by hour, the situation grows more complicated. First, Donald Trump was raising tariffs; now the current US president is cutting them. Seeking to slow inflation, the White House plans...

Trade Review and Advice for Trading the European Currency The test of the 1.1635 price occurred when the MACD indicator had just begun moving downward from the zero line, which...

Today, the EUR/USD pair is trading in a narrow range, consolidating the recent strong rally toward the more-than-two-week high reached the day before. The US dollar is attracting active sellers...

On Thursday, the EUR/USD pair consolidated above the 61.8% retracement level at 1.1594 and rose toward the resistance level of 1.1645–1.1656, as forecast. A rebound from this zone on Friday...

It seemed that everyone had already come to terms with the idea that the UK budget would partly rely on new taxes imposed on the population, when yesterday, UK Chancellor...

On Thursday, the pair moved upward, tested the 50% retracement level at 1.1655 (blue dashed line), and then went down, closing the daily candle at 1.1632. Today it may continue...

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The test of the price at 1.1633 coincided with the MACD indicator rising significantly above the zero mark, which limited the pair's upward potential. For this reason...

Yesterday, several entry points were established in the market. Let's look at the 5-minute chart and analyze what happened. In my morning forecast, I highlighted the level of 1.1636...