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

A recent bullish spike has pursued above 1.2150 - 1.2175 (backside of the broken channel limit) where bearish rejection was previously anticipated. However, Further bullish movement was expressed to pursue...

Another temporary bullish movement was expressed above the previous WEEKLY High (1.3700). Further upside movement was expected towards the upper limit of the current movement channel around 1.4100-1.4150 where bearish...

Buying pressure was applied on the pair. That's why, the RECENT upside movement extended towards the resistance level around 1.2175 which failed to offer sufficient downside pressure on the pair...

A recent bullish spike has pursued above 1.2150 - 1.2175 (backside of the broken channel limit) where bearish rejection was previously anticipated. Instead, bullish continuation pattern is being expressed above...

Another temporary bullish movement was expressed above the previous WEEKLY High (1.3700). Further upside movement was expected towards the upper limit of the current movement channel around 1.4100-1.4150 where bearish...

Recent Buying Pressure existed around 1.1950, leading to the current quick upside spike above 1.1990 again. Further buying pressure was applied on the pair. That's why, the current upside movement...

The price zone around 1.2000 provided temporary bullish SUPPORT for the EURUSD. However, lack of bullish momentum was recently demonstrated. That's why, we were waiting for a bearish continuation Pattern...

Short-term outlook can turn into bearish if only the GBP/USD pair could break below and maintain movement below 1.3900 which corresponds to a recent prominent KeyZone. If so, a quick...

Recent Buying Pressure existed around 1.1950, leading to the current quick upside spike above 1.1990 again. Further buying pressure was applied on the pair. Hence, the current upside movement...

Another temporary bullish movement was expressed above the previous WEEKLY High (1.3700). Further upside movement was expected towards the upper limit of the current movement channel around 1.4000 where bearish...