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

On Wednesday, the EUR/USD pair attempted to extend its decline but failed to consolidate below the 61.8% Fibonacci retracement level at 1.1594. A rebound from this level will favor...

On the hourly chart, the GBP/USD pair on Wednesday fell to the 23.6% Fibonacci retracement level at 1.3313. A rebound from this level led to a reversal in favor...

On Tuesday, the EUR/USD pair consolidated below the 1.1645–1.1656 level and continued its decline toward the 61.8% retracement level at 1.1594, which, as of Wednesday morning, was nearly reached...

On the hourly chart, the GBP/USD pair continued to decline on Tuesday, remaining below the 50.0% retracement level at 1.3387. On Wednesday morning, the pair rebounded from this level...

On Monday, the EUR/USD pair continued to decline despite the fairly strong support level of 1.1645–1.1656. Consolidation below this zone allows for expectations of further decline toward the next 61.8%...

On the hourly chart, the GBP/USD pair on Monday consolidated below the 1.3419–1.3425 level and continued to decline toward the 1.3387 and 1.3357 levels. At the moment, there are quite...

On Friday, the EUR/USD pair rebounded from the 38.2% Fibonacci retracement level at 1.1718, turned in favor of the U.S. dollar, and fell to the support zone 1.1645–1.1656. A rebound...

On the hourly chart, the GBP/USD pair on Friday rebounded from the 76.4% Fibonacci retracement level at 1.3460 (red dashed line), reversed in favor of the U.S. dollar, and fell...

On Thursday, the EUR/USD pair rebounded from the support level of 1.1645–1.1656 and continued to rise toward the 38.2% Fibonacci retracement level at 1.1718, which could be tested today...

On the hourly chart, the GBP/USD pair on Thursday consolidated above the 1.3425–1.3431 level, allowing traders to expect a continuation of growth toward the next Fibonacci level of 50.0% –...