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

Forex Analysis

Forex Analysis:::2023-10-31T07:16:27
Gold: new bullish formation
The price of gold retreated a little in the short term but the bias remains bullish. You already know from yesterday's analysis that XAU/USD could test and retest the immediate...
Forex Analysis:::2023-09-28T15:50:52
USD/CAD challenging uptrend line
The USD/CAD pair jumped higher in the short term, reaching a new high of 1.3536. Now, it has turned to the downside and is located at 1.3481 at the time...
Forex Analysis:::2023-08-31T16:42:21
CHF/JPY continuation or reversal?
The CHF/JPY pair moves sideways in the short term. It's trapped between 166.54 and 164.45 levels. It's trading at 164.73 at the time of writing...
Forex Analysis:::2023-08-23T17:08:01
GBP/USD trapped between 1.2792 and 1.2625 levels
The GBP/USD pair is located at 1.2716 at the time of writing. As you can see on the H1 chart, the price is moving sideways between 1.2792 (upside obstacle)...
Forex Analysis:::2023-07-31T16:40:04
EUR/USD: rebound seems over
The EUR/USD pair is moving sideways on lower time frames and it seems undecided. It's trading at 1.1013 at the time of writing and it looks poised to come back...
Forex Analysis:::2023-06-29T21:13:59
AUD/JPY: deeper drop still in cards
The AUD/JPY pair is trading at 95.86 at the time of writing. As you can see on the H1 chart, the price could drop deeper as long as it stays...
Forex Analysis:::2023-06-07T06:02:17
XAUUSD , H4 | Falling to support?
The XAU/USD (Gold/US Dollar) chart shows a bullish momentum, suggesting an upward trend. The price has the potential to continue rising towards the first resistance level. There are two support...
Forex Analysis:::2023-06-06T08:04:57
EUR/USD , Daily | Rising into resistance?
The EUR/USD chart currently shows a weak bullishish momentum. There is a possibility for the price to continue its bullish movement, targeting the first resistance level.The first resistance at 1.08069...
Forex Analysis:::2023-06-05T05:25:43
GBPUSD , Daily | Falling tp Support??
The GBP/USD chart currently shows a bearish momentum, indicating a downward trend. There is a possibility for the price to continue its bearish movement, targeting the first support level...
Forex Analysis:::2023-06-01T05:28:46
EUR/USD , H4 | Falling to 1st support?
The EUR/USD chart shows a bearish momentum as the price remains below a major descending trend line and the bearish Ichimoku cloud. This indicates a presence of bearish pressure...
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