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

On Monday, the EUR/USD pair posted another advance before reversing lower and consolidating below the 23.6% Fibonacci retracement level at 1.1395. As a result, the euro may continue to decline...

On the hourly chart, the GBP/USD pair advanced to the 50.0% Fibonacci retracement level at 1.3348 on Monday before reversing in favour of the US dollar. The pair then declined...

The GBP/USD pair has shown strong growth in recent weeks, which could become the beginning of a bullish trend. However, the pound is currently undergoing a corrective pullback that began...

The EUR/USD pair remains within the local bearish impulse that began on April 17, while over the past four weeks bulls have only managed to push bears back slightly...

On Friday, the EUR/USD pair continued to decline below the 23.6% Fibonacci retracement level at 1.1395, but on Monday night it sharply reversed in favour of the euro and consolidated...

On the hourly chart, GBP/USD rallied to the 50.0% Fibonacci retracement level at 1.3348 on Friday and consolidated above it on Monday. As a result, the pound may continue...

EUR/USD remains within the local bearish impulse that began on April 17. Over the past three weeks, buyers have managed only to push sellers back marginally. Although an attempt...

GBP/USD has posted strong gains in recent weeks, which may mark the beginning of a broader upward trend. However, bullish traders have currently paused their advance and are retreating...

EUR/USD rebounded on Thursday from the 38.2% Fibonacci retracement level at 1.1438, reversed in favor of the U.S. dollar, and consolidated below the 23.6% Fibonacci level at 1.1395...

On the hourly chart, GBP/USD rebounded on Thursday from the 38.2% Fibonacci retracement level at 1.3397, based on the updated Fibonacci grid, and declined toward the 61.8% Fibonacci level...