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

In the first half of the upcoming week, the British pound market is expected to continue its sideways movement along the calculated resistance levels. Closer to the weekend, a reversal...

In the coming days, a flat movement bias with an ascending vector is expected for the British pound. Around the calculated resistance zone, a halt and conditions for a reversal...

GBP/USD Analysis: The unfinished wave construction of the major British pound chart can be considered a horizontal descending plane since July 14 of the previous year. On the instrument's chart...

At the beginning of the upcoming week, one can expect renewed pressure on the support zone and the British pound transitioning into a sideways drift. Subsequently, a reversal formation...

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...