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

On Tuesday, EUR/USD consolidated below the 61.8% corrective level at 1.1473. On Wednesday morning, the decline in quotes continued toward the 76.4% corrective level at 1.1416. A rebound from this...

On the hourly chart, GBP/USD continued to decline on Tuesday and Wednesday toward the 100.0% correction level at 1.3272. A rebound from this level would favor the European currency...

Below the 200 EMA, gold could remain under bearish pressure. Technically, we could expect it to retest the 3/8 Murray level around $4,296 and eventually reach the 2/8 Murray level...

From a technical perspective, a technical rebound in crude oil could be expected, as it has reached oversold levels. If the CL consolidates above $89.68 in the coming hours...

If the euro consolidates above 1.14 in the coming hours, this could be seen as an opportunity to open long positions in anticipation of a technical rebound that could push...

Bitcoin is trading around $86,563 with a bullish bias below the 8/8 Murray level. If Bitcoin rejects the 8/8 Murray level in the coming hours, it could pose an opportunity...

The 4-hour (H4) chart for Gold (XAU/USD) shows the price stabilizing within a consolidation pattern following its successful exit from the previous bearish wave. Gold is currently trading at 4343.67...

The EUR/USD pair ended last week with an overall loss of 200 points. The new week began with another decline. I would note that the European currency's period of weakness...

The GBP/USD pair has lost its bullish momentum and currently has one final chance to restore it. The price reacted to bearish imbalance 27, which allowed traders to open short...

The EUR/USD pair traded sideways throughout Monday, but on Tuesday morning it fell below the 61.8% retracement level at 1.1473. Therefore, the decline may continue toward the next Fibonacci level...