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

Analysis of Wednesday's Trades 1H Chart of GBP/USD The GBP/USD pair continued to trade within a horizontal channel on Wednesday, as seen in the chart above. The British pound...

Analysis of Wednesday's Trades 1H Chart of EUR/USD The EUR/USD pair attempted to start an upward correction on Wednesday but failed to break through the nearest resistance level of 1.0596...

The GBP/USD currency pair continued trading flat on Wednesday. Unlike EUR/USD, however, the flat in GBP/USD is more defined, with clear boundaries. Over the past week, price movements have oscillated...

The EUR/USD currency pair continued trading flat on Wednesday. As noted earlier, the pair has entered a consolidation phase due to a lack of buyers in the market...

In my morning forecast, I highlighted the 1.2761 level as a key point for making market entry decisions. Let us review the 5-minute chart to analyze the developments. The price...

In my morning forecast, I highlighted the 1.0567 level as a key point for making market entry decisions. Let us review the 5-minute chart to analyze the developments. A decline...

Analysis of Tuesday's Trades 1H Chart of GBP/USD On Tuesday, the GBP/USD pair attempted to initiate an upward correction but failed again. Market participants are unwilling to buy the pound...

Analysis of Tuesday's Trades 1H Chart of EUR/USD On Tuesday, the EUR/USD currency pair again attempted a correction, only to fail again. The price approached the 1.0596 level...

On Tuesday, the EUR/USD currency pair again attempted an upward correction. As shown on the chart, the attempts were modest at best. The pair barely broke through recent local highs...

On Tuesday, the GBP/USD currency pair fluctuated up and down. A flat trend is evident in the hourly timeframe, which has formed over the past few days. The price...