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

After a strong short-selling initiative during the American session, the instrument has transitioned to a long correction and is currently testing the short-breakout zone, from which a continuation...

The GBP/USD pair continued its upward movement on Tuesday, which currently appears purely corrective amid a month-and-a-half-long decline in the British currency. If the descending trendline is breached, the trend...

The EUR/USD currency pair continued its upward movement on Tuesday for the second consecutive day, without any substantial local or macroeconomic factors. It is likely a simple correction...

The EUR/USD currency pair continued its upward movement on Tuesday and has effectively broken through the descending trendline. It is worth noting that this is not the first time...

The GBP/USD currency pair also continued its upward movement on Tuesday, approaching the descending trendline and the Senkou Span B line. Thus, the downward trends for both the euro...

XAU/USD: a breakdown below 4970.00 will open the way to 4930.00-4850.00 and further to 4680.00-4500.00. Holding above 5000.00 and a breakout at 5040.00 will allow testing the 5100.00 level...

The GBP/USD pair posted a decent 100-pip correction on Monday. One would think that a 100-pip rise in the British currency, without visible local reasons or foundations, is wonderful! However...

The EUR/USD currency pair demonstrated a slight correction on Monday, which has had no significant impact so far. The downward trend persists, and the macroeconomic and fundamental backdrop remains unchanged...

The GBP/USD currency pair showed a slight recovery on Monday, which, under certain circumstances, could even mark the start of a new upward trend. It is important to note that...

The EUR/USD currency pair showed slight gains on Monday, which were purely technical and corrective. After a strong decline last week, traders paused, and the euro slightly corrected. The only...