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

Yesterday, bulls failed to change the situation, so the bears rejoined the work. As a result, the pair continues to remain in the zone of attraction and the influence...

Technical analysis: USD/JPY has been trading upside as I expected but there is still potential for further bull continuation. Trading recommendation: Due to the breakout of the mini downside channel...

Technical analysis: Gold has been trading upside this morning and there is the breakout of the mini downside channel, which is good sign for further rise. Trading recommendation...

The sell-offs in EUR/USD broke the trend, shifting it from bullish to bearish, with a target of reaching a new yearly low. Given that there is a three-wave pattern (ABC)...

Watch for buying opportunities on the intraday dips...

The pound-dollar pair may move downward from 1.2181 (close of yesterday's daily candle) to 1.2168, the 50% retracement level (yellow dotted line). In case of testing this level, continued downward...

The euro-dollar pair may move downward from 1.0519 (close of yesterday's daily candle) to the target of 1.0486, the 50% retracement level (red dotted line). After testing this level...

The EUR/USD pair found a strong supply around the 1.0598 former high and now it has registered a strong drop. The uptrend line represented a downside obstacle. Dropping below this...

Technical Market Outlook: The EUR/USD pair had hit the key short-term Fibonacci retracement level located at 1.0615 and got rejected again. The bulls broke below the intraday support seen...

Technical Market Outlook: The GBP/USD pair has been rejected from the main channel lower line as the bulls failed to rally back inside the main channel. The bulls managed...