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

In the coming days, the completion of the flat mood in the movement of the British pound is expected. In the latter half of the week, a reversal formation...

Video Agenda: 00:00 INTRO 00:18 Totay's key events: SNB Interest Rate Decision, HCOB Germany Manufacturing PMI, SNB Press Conference, BoE Interest Rate Decision, Philadelphia Fed Manufacturing Index, Initial Jobless Claims...

GBP/USD Analysis: On the chart of the British pound major, a descending wave has been forming since July of the previous year. The analysis of the wave structure indicates...

At the beginning of the upcoming week, one can expect the continuation of the overall bullish sentiment of the British currency, with a price increase towards the resistance zone. Subsequently...

If the Euro trades below 1.0770 in the next few hours, we expect it to resume its bearish cycle and it could reach 1.0740 and even a key area...

Technically and according to the weekly chart, we do not see any signal to sell, but on the H1 and H4 charts, we can see that Bitcoin has reached...

ETH is overbought according to the H1 and H4 charts. So, a technical correction is expected to occur in the coming days and the key could be to sell below...

Our outlook could be positive for the euro if it breaks sharply above the SMA 21 in the next few hours. Then, EUR/USD could reach 1/8 Murray located at 1.0803...

The daily pivot point is located around 1,990, which adds a positive outlook, but we should expect the instrument to trade above this level. Then, we could have a bullish...

The British pound is trading around 1.2546 after a sharp decline from the 4/8 Murray zone towards the psychological level of 1.25. The GBP/USD pair is moving within a symmetrical...