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

Forex Analysis

Forex Analysis:::2021-10-19T15:15:37
GBP/USD reaches upside obstacle
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...
Forex Analysis:::2021-10-19T02:53:57
AUDJPY short-term bearish pressure | 19th Oct 2021
Price is holding on an ascending trendline support, showing an overall bullish trend, however, we are expecting a retracement to the 1st Support in line with ascending trendline support...
Forex Analysis:::2021-10-18T05:20:06
AUDCHF short-term bearish pressure | 18th Oct 2021
Price is holding on an ascending trendline support, showing an overall bullish trend, however, we can expect price to make a small retracement at 1st resistance level in line with...
Forex Analysis:::2021-10-15T05:46:22
CADCHF short-term bearish pressure | 15th Oct 2021
Price is holding on an ascending trendline support, showing an overall bullish trend, however, we can expect price to make a small retracement at the pivot level. We can expect...
Forex Analysis:::2021-10-14T04:15:13
EURUSD short-term bullish pressure | 14th Oct 2021
We can see that price is abiding by the descending trendline resistance, however, price broke through a intermediate descending trendline resistance and hence, we can expect price to make...
Forex Analysis:::2021-10-13T06:15:10
USDJPY short-term bearish pressure | 13th Oct 2021
We can see that price is abiding by the ascending trendline and we can see price has reached the 1st resistance hence, we can expect the price to reverse back...
Forex Analysis:::2021-10-12T03:47:23
USDCHF bearish continuation | 12th Oct 2021
On the H4, price is seen to be reacting above the ascending trendline and price is right now in the middle of the 1st Resistance and 1st Support...
Forex Analysis:::2021-10-11T20:14:37
USD/CHF uptrend is Intact, still attractive for buyers
The USD/CHF pair is likely to move somehow sideways in the short term. The outlook is still bullish as long as it stays above the uptrend line. It's located below...
Forex Analysis:::2021-10-11T05:29:25
AUDUSD bearish continuation | 11th Oct 2021
Price is holding below the descending trendline resistance, signifying a bearish momentum. We can expect the price to continue to push down towards the 1st Support in line with 78.6%...
Forex Analysis:::2021-10-08T16:14:24
GBP/USD fresh uptrend
The GBP/USD pair jumped above the downtrend line signaling that the downside movement is over and that the pair could develop a new uptrend...
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