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

On the hourly chart, GBP/USD rebounded on Friday from the 38.2% Fibonacci retracement level at 1.3397, reversed in favor of the pound, and consolidated above the 1.3454–1.3458 level...

Sometimes a single earnings report can flip the entire day's narrative. Apple lost $357.8bn of market value, marking the largest one-day drop in the company's history and the third-largest among...

The British pound is expected to complete its bullish phase during the coming week. Once the projected resistance zone is reached, a reversal is likely to form, followed...

The euro is expected to maintain its bullish bias in the coming week. After likely testing the resistance zone, the pair may reverse and move lower toward the support zone...

The GBP/USD pair also showed both a correction and trend growth on Friday. There were no major events in the UK and the U.S. on that day, and the geopolitical...

On Friday, the EUR/USD currency pair managed to both correct and resume a new upward trend. In the first half of the day, the market...

There are not many macroeconomic publications scheduled for Monday. The only notable release is the ISM Manufacturing Index for the U.S. in July. Other reports are expected to have little...

The GBP/USD currency pair exhibited quite strong growth on Friday. The entire past week was very successful for both the European and British currencies, which has scientific explanations...

The EUR/USD currency pair initially traded lower on Friday, then resumed explosive growth. Recall that last week the market finally began to pay attention to positive factors for the euro...

The GBP/USD currency pair also showed strong growth over the past week, gaining 220 pips in just four days. Thus, we believe that the upward movement that began on June...