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

GBPUSD is now trading around 1.3791. Price has surpassed our initial target which was at 1.3770 and is now challenging the upper target boundary close to 1.38. Short-term trend remains...

EURUSD made a high today at 1.1669. Price reached earlier today the 38% Fibonacci retracement level of the entire decline, which was our initial bounce target, after the bullish break...

Wave pattern On the 4-hour chart, the wave layout for the euro/dollar pair went through some changes after the quote had dropped below the low of the previous wave...

The EUR/USD pair is traded at the 1.1642 level at the moment of writing. It has decreased a little after reaching the 1.1661 level. Now, this level which...

The GBP/USD pair could drop in the short term after reaching the ascending channel's upside line which serves as resistance. In the short term, it could slip lower before resuming...

The short-term outlook for GBP/USD is bullish as long as it remains above the 200 EMA (1.3671). Any correction towards this area will be a good opportunity to buy. Given...

The monetary race has started and the US dollar showed an immediate reaction. Today, the US dollar index has declined by almost 0.5% amid expectations of the key interest hikes...

Watch for the downside movmenet...

Andrew Bailey's announcement that the Bank of England will have to act has rattled financial markets. United Kingdom 2-year bond yield jumped above 0.72%, the highest in two years, while...

The yield of 10-year UST declined to the level of 1.58% after reaching a peak of 1.6248%. Some disappointment is observed after the publication of weaker-than-predicted data on September's industrial...