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

EUR/USD remains within the local bearish impulse that began on April 17. Last week, the pair reacted to Imbalance 17, but quickly returned to its previous range. A second reaction...

GBP/USD posted strong gains last week, fully in line with the prevailing fundamental backdrop. It can therefore be said that the bulls launched a fresh advance...

From a technical perspective, the outlook remains unchanged, with XAU/USD continuing to trade within its established range below the 200-day Simple Moving Average (SMA). The recent decline can still...

On Friday, the EUR/USD pair first underwent a corrective pullback before resuming its upward movement and testing the 76.4% Fibonacci retracement level at 1.1551. A rebound from this level would...

On the hourly chart, GBP/USD rebounded on Friday from the 38.2% Fibonacci retracement level at 1.3397, reversed in favor of the pound, and consolidated above the 1.3454–1.3458 level...

Gold is trading around $4,044, below the 2/8 Murray line and the 21-period simple moving average (SMA), showing a downtrend and trading within a bearish channel that has been forming...

The Eagle indicator has reached five points, representing a strongly oversold condition. This could indicate that, in the coming days, Bitcoin could resume its uptrend, rebound, and reach the 1/8...

The Eagle indicator is showing a negative signal, although it may be approaching oversold levels; therefore, we will look to buy in the coming days before the cryptocurrency's price resumes...

The EUR/USD pair remains within the local bearish impulse that has been in place since April 17. Today, the pair reacted to Imbalance 17, as I had been anticipating...

The GBP/USD pair has posted a fairly noticeable decline over the past two weeks, followed by a strong rally over the last two trading sessions. This suggests that the bulls...