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

On Monday, the EUR/USD pair reversed in favor of the European currency and consolidated above the 50.0% Fibonacci retracement level at 1.1630. Thus, the upward movement may continue today toward...

On the hourly chart, the GBP/USD pair reversed in favor of the British currency on Monday and consolidated above the 1.3349 and 1.3408 levels. Thus, today the upward movement...

The GBP/USD pair spent four full days in decline. As a result of this drop, bears reached the support zone of imbalance 18, which is a bullish pattern. Thus...

The EUR/USD pair reversed in favor of the US dollar, fully broke through bullish imbalance 14, and reached imbalance 13. Honestly, the euro's decline last week is concerning. It cannot...

The EUR/USD pair continued its decline on Friday and by the end of the day had moved below the 50.0% corrective level at 1.1630. As of Monday morning, the pair...

On the hourly chart, the GBP/USD pair continued its decline on Friday and consolidated below the 1.3349–1.3355 level. On Monday morning, the pair returned to this zone. Therefore, a rebound...

The EUR/USD pair reversed in favor of the US dollar at the beginning of the week, fully moved through bullish imbalance 14, and has now reached imbalance 13, which...

The GBP/USD pair has been falling for the fourth consecutive day. The reasons behind the pound's decline are not difficult to identify, but I still believe that a loss...

The EUR/USD pair continued its decline on Thursday, consolidating below the 38.2% Fibonacci retracement level at 1.1682, and by Friday morning had already approached the next retracement level at 50.0%...

On the hourly chart, the GBP/USD pair continued its decline on Thursday and during the day broke below the support level of 1.3454–1.3466 and the 50.0% Fibonacci retracement level...