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

The wave pattern of the EUR/USD pair has not yet taken a clear form but in general, it is quite predictable. The ascending C wave continues its formation...

In the most global terms, the construction of the upward trend section continues, but the wave marking takes a complex form and may become complicated more than once. The section...

EUR/USD broke over the long-term descending trendline. It has dominated the long-term picture since July 2008. With the clear break above this trendline, we should look for a continuation higher...

GBP/USD Analysis: An upward wave has been developing on the chart of the British pound since mid-October. The unfinished section has been reporting since November 2. It completed the oncoming...

EUR/JPY is now testing the former peak at 127.02 which could give way for a short-term consolidation before a continuation higher towards the 129.06 target. Short-term support is seen...

In the most global terms, the construction of the upward section of the trend continues, but the wave marking takes a complex form and may become complicated more than once...

Today, trading the British pound is only possible within the intraday style with a reduced lot. Sales can be unprofitable. It is safer to buy the tool...

GBP/JPY is currently testing resistance at 140.32. A break above here will call for a continuation towards the former peak at 142.72 and ideally closer to 143.41 as the next...

EUR/JPY broke above the double-bottom neckline at 125.17. It calls for a continuation higher to the former peak at 127.02 and ideally closer to the double-bottom target at 129.06...

Today we use the Elliott wave theory to identify in which phase of this bullish cycle we are in EURUSD. According to our analysis we are in the final fifth...