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

On Tuesday, the EUR/USD pair returned to the 61.8% Fibonacci retracement level at 1.1578, rebounded from it, reversed in favor of the euro, and resumed its upward movement toward...

On the hourly chart, the GBP/USD pair remained within the 1.3408–1.3454 level on Tuesday. Today, a rebound from the 50.0% Fibonacci retracement level at 1.3408 would favor the pound...

The EUR/USD pair has posted gains for three consecutive days this week and remains firmly above the psychological 1.1600 level. However, bulls remain cautious and are reluctant to take aggressive...

Oil has hit a three-month low—Brent is stabilizing around $79 per barrel, while WTI tested $75. Clearly, the market is trading Friday's signing of the memorandum in Geneva...

Yesterday, a draft memorandum of understanding consisting of 14 points was leaked to the media; the U.S. and Iran are scheduled to officially sign it today in Switzerland. The document...

After a brief surge in buying, pressure on Bitcoin and Ethereum is returning. Bitcoin is currently trading at $65,500, while Ethereum has returned to around $1,780. Given that the Federal...

The price test at 160.40 occurred when the MACD indicator had moved significantly above the zero mark, limiting the pair's upward potential. For this reason...

The price test at 1.3412 occurred when the MACD indicator was just beginning to move down from the zero mark, confirming a valid entry point to sell the pound...

The price test at 1.1597 coincided with a moment when the MACD indicator had moved significantly below the zero mark, limiting the pair's downward potential. For this reason...

New data regarding the agreement between the U.S. and Iran provided support for risk assets yesterday. A memorandum of understanding between the U.S. and Iran was leaked to the media...