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

The monthly boundary of 1.0611 is still the most important obstacle for developing bearish sentiment on this section of the chart. Yesterday, in the process of testing the monthly support...

The bears have started testing the monthly support level (1.0611). The outcome may determine the pair's possible movement. The next support level after breaking the current one (1.0611) will...

Last week had a pronounced bearish character due to the significant downward momentum. Bears approached the influence zone of the monthly support at 1.0611, so the results of testing...

The decline continues. Yesterday, after testing the low at 1.0696, the bears corrected slightly, but by now, this low has already been updated. The next target at the moment...

That's how you can liquidate the achievements of several days in one go. Over the past day, bears closed below the final level of the weekly Ichimoku cross (1.0751)...

Yesterday, the nearest resistance was tested (1.0884), but by the end of the day, the pair returned again to the support of the daily medium-term trend (1.0854). As a result...

On the first day of the new trading week, bullish players showed notable activity. They managed to close the day above the daily medium-term trend (1.0854). The following upside targets...

At the end of last week, the market couldn't determine its direction and priorities, casting long daily shadows both upwards and downwards, while remaining within the gravitational zone...

Bulls threw a long upper shadow on Thursday, but by the end of the day, the market returned below the weekly short-term trend (1.0839). As a result, the nearest resistances...

Bulls yesterday confirmed and developed a daily rebound from weekly support (1.0742). At the same time, the scale of the bullish movement allowed reaching the weekly short-term trend (1.0839)...