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

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...

Intraday traders were advised to wait for candlestick closure above 1.1780 - 1.1840 for another ascending swing to be initiated. However, immediate downside selling pressure brought the pair down below...

Extensive bearish decline has pushed the EURUSD pair towards 1.1600 and lower levels was about to be reached if sufficient bearish momentum was maintained. Moreover, significant bullish recovery has originated...

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...

For the EURUSD currency pair, we see the internal structure of the second half of the major correction 4. This wave is the wave plane [A]-[B]-[C], which looks fully completed...

Technical analysis: EUR/USD has been trading upside but I see that EUR is testing major resistance at 1,1670. I see potential for the downside continuation. Trading recommendation: The long term...

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...

In my morning forecast, I paid attention to the 1.1657 level and advised them to make decisions based on it. Let's look at the 5-minute chart and analyze the entry...

The daily short-term trend (1.1574) managed to help the bulls to keep their positions yesterday. At the same time, they were able to close the day above the resistance level...