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

The EUR/USD pair consolidated above the 61.8% Fibonacci retracement level at 1.1578 on Monday but returned to this level by Tuesday morning. A rebound from 1.1578 today would once again...

On the hourly chart, the GBP/USD pair rose to the 1.3454–1.3466 resistance level on Monday, rebounded from it, and reversed in favor of the U.S. dollar. Early on Tuesday...

EUR/USD has risen for six consecutive trading days. Initially, the move appeared to be a standard corrective pullback that would likely end within Bearish Imbalance 16. However, after six days...

GBP/USD continues to move higher and has a strong chance this week of invalidating Bearish Imbalance 20 while potentially forming a new bullish imbalance. Without question, the current geopolitical backdrop...

EUR/USD continued to trade around the 61.8% Fibonacci retracement level of 1.1578 on Friday and only managed to consolidate above it overnight on Monday, allowing traders to expect further growth...

On the hourly chart, GBP/USD traded around the 50.0% Fibonacci retracement level of 1.3408 on Friday without a clear direction. On Monday, the pair advanced toward the resistance level...

The EUR/USD pair continues to drift gradually lower. This week, bulls made several attempts to halt the bearish advance, but all of them ended in failure to one degree...

Geopolitical developments continue to shift rapidly, preventing either bulls or bears from gaining a decisive advantage. However, the balance is once again tilting in favor of the U.S. dollar...

On Thursday, the EUR/USD pair declined to the 76.4% Fibonacci retracement level at 1.1514, rebounded from it, and then advanced toward the 61.8% Fibonacci level at 1.1578. A rebound from...

On the hourly chart, GBP/USD consolidated below the 1.3349–1.3355 support level on Thursday, but failed to extend its decline and returned to the 50.0% Fibonacci retracement level at 1.3408...