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

The GBP/USD pair traded mixed on Thursday, reflecting a mixed fundamental backdrop. It was a complex day, especially for novice traders. The difficulty lay in interpreting all the information received...

The EUR/USD currency pair moved in various directions on Thursday, but it was not particularly volatile. Overall, this week has been more disappointing than rewarding, in many respects. First...

The GBP/USD currency pair began Thursday in decline, but after the Bank of England's meeting and its decision to lower the key interest rate by 0.25%, the British pound shifted...

The EUR/USD currency pair did not trade as expected on Thursday. There were at least three significant events scheduled for the day, each with the potential to impact either...

The GBP/USD pair experienced a sharp decline on Wednesday, recovered, and then resumed a new downward move. The ascending trendline has been broken, so a correction may occur...

The EUR/USD currency pair corrected downward on Wednesday, but the upward trend remains intact, as clearly shown in the illustration above. Yesterday, the euro declined sharply, despite an essentially absent...

The GBP/USD currency pair began on Wednesday with a sharp decline. This drop in the British currency was entirely justified, as the only important report of the day—the UK inflation...

The EUR/USD currency pair declined for most of Wednesday but recovered nearly all its losses by the end of the day. Essentially, the euro returned to its level before...

Yesterday, several entry points into the market were formed. Let's take a look at the 5-minute chart and analyze what happened. In my morning forecast, I emphasized the level...

Yesterday, several entry points into the market were formed. Let's take a look at the 5-minute chart and analyze what happened. In my morning forecast, I emphasized the level...