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

Forex Analysis

Forex Analysis:::2024-04-22T12:12:33
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and US dollar index on April 22nd
Pressure on the resistance zone is expected in the next couple of days. Then, a reversal and a resumption of the bearish trend can be anticipated. When the direction changes...
Forex Analysis:::2024-04-16T13:17:29
AUD/USD: Australian dollar remains under pressure
The absence of significant macroeconomic reports from Australia suggests that the Australian dollar will keep trading in sync with the market, primarily reacting to the news from the United States...
Forex Analysis:::2024-04-15T11:58:11
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and the US Dollar Index on April 15th
In the next few days, pressure on the pound/dollar price towards the support zone is expected. Then, a reversal and resumption of the upward direction can be anticipated. Upon changing...
Forex Analysis:::2024-04-08T08:42:08
Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and the US dollar index
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...
Forex Analysis:::2024-04-04T11:46:22
AUD/USD: analysis and outlook. Steady settlement above 1.06600 could reinforce further growth
On the back of a weakening US dollar, the AUD/USD pair has been gaining strong positive momentum for the third day in a row. A survey published...
Forex Analysis:::2024-04-01T11:10:47
Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/CHF, and the US dollar index
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...
Forex Analysis:::2024-03-27T10:42:32
Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and US dollar index from March 27th
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...
Forex Analysis:::2024-03-06T22:10:27
The Australian dollar has a chance to rise
The week was quite informative for the Australian dollar. GDP rose 0.2% in the fourth quarter, domestic demand remains weak and is largely supported by the public sector. Household consumption...
Forex Analysis:::2024-03-04T12:12:10
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and US dollar index on March 4th
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...
Forex Analysis:::2024-02-28T05:28:50
EUR/AUD H4 | Potential bullish breakout
For EUR/AUD, there's a potential bullish breakout scenario: Description: The chart indicates a potential bullish breakout, with significant resistance identified at two levels. Resistance Levels: The 1st resistance level...
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