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

EUR/USD continued to rise on Wednesday after consolidating above the 100.0% retracement level at 1.1620, moving toward the 127.2% Fibonacci level at 1.1700. Of course, movements such as those seen...

On the hourly chart, GBP/USD made several alternating upward and downward moves on Wednesday and ended the day near the 100.0% retracement level at 1.3556. This is also where...

The EUR/USD pair declined for six days, but this week the bulls have strong reasons to launch a new advance. The pair remained virtually unchanged for seven full days...

The GBP/USD pair has lost its bullish momentum but may regain it in the near future. Let me remind you that my analysis is currently based on EUR/USD, which...

On Tuesday, EUR/USD made another reversal in favor of the European currency and consolidated above the 100.0% retracement level at 1.1620. Thus, the upward movement may continue today toward...

On the hourly chart, GBP/USD returned to the 100.0% retracement level at 1.3556 on Tuesday. Today, a rebound from the 1.3556 level would favor the US dollar and some decline...

The EUR/USD pair declined for six days, but the market has been completely inactive this week. For seven full days now, the U.S. dollar has been unable to convince traders...

The GBP/USD pair has lost its bullish momentum, but the bullish advance cannot yet be considered complete. In my view, the pound's recovery is in the hands of the euro...

If the euro reaches the upper band of the uptrend channel again—around 1.1625—in the coming hours, this could be seen as an opportunity to open short positions. We expect EUR/USD...

A technical rebound above the 21 SMA or above the uptrend channel could serve as a good signal to open long positions, with the expectation that it will reach...