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

On Friday, the EUR/USD pair once again rebounded from the 38.2% retracement level at 1.1718 and showed a modest rise, but overnight on Monday it consolidated below 1.1718...

On the hourly chart, the GBP/USD pair traded without a clear direction on Friday. During the day, there were two closes above the 100.0% retracement level at 1.3470...

Gold With all technical conditions showing significant strengthening such as both EMAs in a Golden Cross and the RSI indicator at the Extreme-Bullish level — the opportunity for Gold...

Crude Oil If we look at the EMA(50) where the Death Cross is below the EMA(200) and the RSI(14) indicator which is at the Bearish Neutral level, there...

If the instrument consolidates below the 200 EMA and 1.1690, it will be viewed as a signal to sell, with targets at the 3/8 Murray and ultimately at the 2/8...

There could be a technical correction in the coming hours, and gold could cover the gap left at the close of Friday's session. If the downward pressure prevails, it could...

A week ago, the EUR/USD pair reversed in favor of the U.S. dollar and began a decline toward the most recent "bullish" imbalance 10. However, this imbalance was reached...

The GBP/USD pair has returned to the "bullish" imbalance 12, and now both currency pairs (EUR/USD and GBP/USD) should be expected to react to bullish patterns. Thus, despite the decline...

On Wednesday, the EUR/USD pair declined to the 38.2% corrective level at 1.1718, rebounded, and reversed in favor of the European currency. Thus, the growth process may continue toward...

On the hourly chart, the GBP/USD pair on Wednesday declined into the support level of 1.3437–1.3470, but so far has formed neither a rebound nor a breakout. Thus, a rebound...