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

Forex Analysis

Forex Analysis:::2021-05-07T18:44:58
May 7, 2021 : EUR/USD Intraday technical analysis and trade recommendations.
More bearish decline was expected towards 1.1970 which has provided quite significant bullish rejection so far. Bearish breakout below 1.1970 was needed to enable more bearish decline initially towards 1.1925...
Forex Analysis:::2021-05-07T18:39:23
May 7, 2021 : GBP/USD Intraday technical analysis and trade recommendations.
By the end of last week, temporary signs of bullish breakout above 1.3950 were witnessed. However, this turned out to be a bullish trap once the Gbp/Usd pair returned below...
Forex Analysis:::2021-05-07T18:35:44
May 7, 2021 : EUR/USD daily technical review and trade recommendations.
Now, the price zone of 1.1990 stands as a prominent SUPPORT-Zone for the EURUSD pair. More upside movement is expected to pursue towards 1.2175 (backside of the broken trendline) where...
Forex Analysis:::2021-05-06T15:58:44
May 6, 2021 : EUR/USD daily technical review and trade recommendations.
Now, the price zone of 1.1990 stands as a prominent SUPPORT-Zone for the EURUSD pair. More upside movement was expected to pursue towards 1.2110 (backside of the broken trendline) where...
Forex Analysis:::2021-05-06T15:56:04
May 6, 2021 : GBP/USD Intraday technical analysis and trade recommendations.
By the end of last week, temporary signs of bullish breakout above 1.3950 were witnessed. However, this turned out to be a bullish trap once the EURUSD pair returned below...
Forex Analysis:::2021-05-06T15:53:29
May 6, 2021 : EUR/USD Intraday technical analysis and trade recommendations.
As the price levels were quite overpriced recently, bearish persistence below the current price zone of 1.2050-1.2000 was needed to establish a short-term downtrend. Hence, more bearish decline was expected...
Forex Analysis:::2021-05-05T16:32:15
May 5, 2021 : EUR/USD daily technical review and trade recommendations.
Now, the price zone of 1.1990 stands as a prominent SUPPORT-Zone for the EURUSD pair. More upside movement was expected to pursue towards 1.2110 (backside of the broken trendline) where...
Forex Analysis:::2021-05-05T16:21:54
May 5, 2021 : EUR/USD Intraday technical analysis and trade recommendations.
As the price levels were quite overpriced recently, bearish persistence below the current price zone of 1.2050-1.2000 was needed to establish a short-term downtrend. Hence, more bearish decline would...
Forex Analysis:::2021-05-05T16:18:26
May 5, 2021 : GBP/USD Intraday technical analysis and trade recommendations.
By the end of last week, temporary signs of bullish breakout above 1.3950 were witnessed. However, this turned out to be a bullish trap once the EURUSD pair returned below...
Forex Analysis:::2021-05-04T16:17:42
May 4, 2021 : EUR/USD daily technical review and trade recommendations.
Now, the price zone of 1.1990 stands as a prominent SUPPORT-Zone for the EURUSD pair. More upside movement was expected to pursue towards 1.2110 (backside of the broken trendline) where...
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