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

On the 4-hour chart of XAU/USD, Friday's breakout above the 100-period Simple Moving Average (SMA) was a key bullish signal. Technical indicators such as the Relative Strength Index (RSI)...

On Friday, the EUR/USD pair continued to trade above the 100.0% Fibonacci retracement level at 1.1409, maintaining a short-term bullish bias. Therefore, the upward move may resume today, with...

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts...

On the hourly chart, the GBP/USD pair rebounded once again from the 76.4% Fibonacci retracement level at 1.3382 on Friday and declined toward the 61.8% Fibonacci level at 1.3335. Today...

The EUR/USD pair remains within a local bearish impulse, but the bulls have gained some opportunities over the past week. This week, the international economic forum in Portugal featured speeches...

The GBP/USD pair has reversed in favor of the pound and begun a fairly strong rally that could mark the start of a broader bullish trend. In my view...

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts...

On the hourly chart, the GBP/USD pair on Thursday rebounded from the 50.0% retracement level at 1.3298 and rose to the 76.4% Fibonacci level at 1.3382. This was followed...

The EUR/USD pair confirmed a breakout above the 100.0% Fibonacci retracement level at 1.1409 on Thursday, allowing traders to expect a continuation of the upward move toward the next Fibonacci...

Given that the trend is bullish and the euro is likely to continue rising in the coming days, a technical rebound around 1.1407 or 1.1385 could be seen...