FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today
Technical analysis and recommendations on EUR/USD and GBP/USD on June 21
The bears showed their intention last week by executing a very effective decline. As a result, the pair broke through many support levels and entered the bearish zone relative...
Fractal analysis of major currency pairs on June 21, 2021
The EUR/USD pair is expected to further decline after the level of 1.1807 is broken. The key support level is 1.1976. The GBP/USD pair is expected to continue the downward...
Technical analysis of GBP/USD pair for the week of June 21-June 26, 2021
Last week, the pound/dollar pair rallied down and tested the support level of the upward channel – 1.3789 (white thick line). The price closed the weekly white candlestick at 1.3795...
Euro and pound will search for a base, while the US dollar has few reasons to further strengthen. Overview of USD, EUR, GBP
The markets continued to win back the moderately hawkish results of the FOMC meeting on Friday and Monday morning, but the dynamics became less strong. The US dollar strengthened primarily...
Indicator analysis. Daily review for the GBP/USD pair on June 21, 2021
Last Friday, the pound/dollar pair went down and broke through the retracement level of 76.4% - 1.3804 (red dotted line). The market closed last Friday's daily candlestick at 1.3795. Today...
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Analysis and forecast for GBP/USD on June 21, 2021
The most important events will be the decision of the Bank of England on rates and the speech in the US Congress of the Fed Chairman Jerome Powell with...
Trading recommendations for starters of EUR/USD and GBP/USD on June 21, 2021
Here are the details of the economic calendar from June 18: According to the UK National Statistics Office, May retail sales declined by 1.4%. Sales surged by 24.6% in annual...
Euro and pound may stop slipping, but it is too early to say they already hit higher lows
Bullish traders tried their best to keep euro at previous lows after the release of latest data on Germany PPI and account balance of ECB. However, it was not enough...
GBP/USD. Powell's speech and the Bank of England's meeting will affect the pound
The UK's latest retail sales data published last Friday only worsened the situation of the pound. The May figures came out in the red zone both considering fuel costs...