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

On Thursday, the EUR/USD pair returned to the 76.4% Fibonacci retracement level at 1.1454, rebounded from it, and reversed in favor of the US dollar. However, the bears failed...

On the hourly chart, the GBP/USD pair on Thursday consolidated below the 127.2% retracement level at 1.3258, which suggests a potential continuation of the decline toward the support zone...

Yesterday, President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell after the central bank chose not to cut interest rates. Trump wrote on Thursday via his social...

The U.S. president remains the world's primary source of market-moving headlines, sending financial markets swinging in both directions. On Thursday, market participants eagerly priced in Donald Trump's personal tariff victory...

On Thursday, the pair moved upward and tested the 14.6% retracement level at 1.1456 (yellow dashed line), after which the price turned downward and closed the daily candlestick at 1.1414...

Bitcoin and Ethereum saw a significant decline, ending the month with profit-taking. Despite the correction, July was fairly positive—especially for Ethereum, which gained over 49% in price. Bitcoin rose...

The beginning of the new month has been relatively carefree, considering that just earlier this week, Bitcoin was trading near $120,000. Now, it's crucial to see whether large players will...

The test of the 150.28 level occurred when the MACD indicator had already moved significantly above the zero line, which, in my view, limited the pair's upward potential. For this...

The test of the 1.3237 level occurred at a time when the MACD indicator had just started moving upward from the zero line, confirming a valid entry point for buying...

The test of the 1.1413 level coincided with the MACD indicator having already moved significantly below the zero line, which limited the pair's downside potential. For this reason...