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

EUR/USD has risen for six consecutive trading days. Initially, the move appeared to be a standard corrective pullback that would likely end within Bearish Imbalance 16. However, after six days...

GBP/USD continues to move higher and has a strong chance this week of invalidating Bearish Imbalance 20 while potentially forming a new bullish imbalance. Without question, the current geopolitical backdrop...

Technically, crude oil has reached oversold levels, as we can see on the technical chart that the Eagle indicator has reached five points. This suggests a possibility that crude...

Gold has left a gap, so we believe that it could pull back to the $4,220 level or even down to the 21 SMA at $4,193 in the coming days...

Given that Bitcoin has reached overbought levels, as seen on the H4 chart—where the Eagle indicator has hit 95 points—this suggests a potential technical reversal in the coming hours toward...

In case Ethereum loses its upward momentum from the $1,814 level, we could expect a technical correction toward the 2/8 Murray level at $1,750. Therefore, we could look for selling...

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EUR/USD continued to trade around the 61.8% Fibonacci retracement level of 1.1578 on Friday and only managed to consolidate above it overnight on Monday, allowing traders to expect further growth...

On the hourly chart, GBP/USD traded around the 50.0% Fibonacci retracement level of 1.3408 on Friday without a clear direction. On Monday, the pair advanced toward the resistance level...

The EUR/USD pair continues to drift gradually lower. This week, bulls made several attempts to halt the bearish advance, but all of them ended in failure to one degree...