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

I recommend that beginner traders trade based on the most common wave structures. Anyone who has studied wave analysis, even superficially, knows that impulsive structures consist of five waves, while...

The GBP/USD pair continued its downward move on Thursday, but at a much slower pace than before. In fact, a slowdown in the pace of decline does not necessarily mean...

The EUR/USD pair continued its downward move on Thursday and tested the 1.1362–1.1368 support area more convincingly. Theoretically, this zone can stop the euro's uncontrolled fall, but we fully understand...

The GBP/USD pair on Thursday also continued its downward movement for unexplained reasons. Of course, one can again say that rising "hawkish" market sentiment about Federal Reserve policy is driving...

The EUR/USD pair on Thursday continued its downward movement, which by now is unlikely to surprise anyone. The US dollar has been rising for three weeks straight—if not every...

The GBP/USD pair fell 160 pips on Tuesday and Wednesday. The British currency's free fall continues, though there are no clear reasons for it. Yesterday, neither the macroeconomic, fundamental...

The EUR/USD pair continued its downward movement throughout Wednesday. Recently, we repeatedly pointed out to traders that the dollar has only one supporting factor, while the market ignores all other...

The GBP/USD pair also showed a fairly sharp decline on Wednesday without any local justification. Business activity indices for services and manufacturing for September were released...

The EUR/USD pair calmly continued its downward move on Wednesday, falling another 70 pips during the day. Is it worth saying that none of the day's events or releases could...

I advise beginner traders to trade based on the wave structures that occur most frequently. Anyone who has studied wave analysis, even superficially, knows that impulsive structures consist of five...