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

Last week, the pair moved downward and tested the 14.6% retracement level at 1.2879 (red dashed line), closing the weekly candle at 1.2915. In the upcoming week, the price...

Last week, the pair moved downward and tested the historical resistance level of 1.0948 (light blue dashed line), after which the price declined and closed the weekly candle at 1.0815...

Trend Analysis: This week, from the 1.2921 level (previous weekly candle close), the market may initially move downward toward 1.2857 – the 14.6% retracement level (red dashed line). After testing...

Trend Analysis (Fig. 1): This week, from the 1.0878 level (previous weekly candle close), the market may initially move downward toward 1.0835 – the 14.6% retracement level (blue dashed line)...

On Thursday, the market may start moving downward from the 1.2959 level (yesterday's daily close) toward 1.2924 – the 14.6% retracement level (yellow dashed line). From this level, the price...

On Thursday, the market may continue moving downward from 1.0886 (yesterday's daily close) toward 1.0861 – the 14.6% Fibonacci retracement level (blue dashed line). From this level, a rebound upward...

On Wednesday, the market may begin moving downward from the 1.2942 level (previous daily close), targeting 1.2905—the 14.6% retracement level (yellow dashed line). Upon testing this level, the price...

On Wednesday, the market may start a downward movement from 1.0910 (yesterday's closing level), targeting 1.0861 – the 14.6% retracement level (blue dashed line). If this level is tested...

Trend Analysis: This week, the price may initially move downward from 1.2921 (last week's closing price) toward 1.2820, which corresponds to the 14.6% retracement level (red dashed line). After testing...

Trend Analysis (Fig. 1):This week, the market may initially move downward from 1.0833 (last week's closing price) toward 1.0784, which corresponds to the 14.6% retracement level (blue dashed line). After...