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

The GBP/USD pair has reversed in favor of the pound and posted a fairly strong advance that could mark the beginning of a broader bullish trend. In my view...

The EUR/USD pair remains within a local bearish impulse, but the bulls have gained some opportunities over the past week. An international economic forum was held in Portugal this week...

The euro is trading around 1.1420, above the 21 SMA, and rebounding after finding strong support around 1.1415. Technically, the EUR/USD pair could resume its uptrend, and we could expect...

Bitcoin could find strong support around the lower band of the uptrend channel, at $60,400. This area could be considered a good point to open long positions and expect...

Conversely, if gold returns to $4,200 or $4,218—where the 3/8 Murray level is located—in the coming hours, this zone could be seen as a good point to open short positions...

A good area to open long positions would be to wait for the price to consolidate above the 21 SMA and above -1/8 Murray. These levels could act as support...

On the 4-hour chart of XAU/USD, Friday's breakout above the 100-period Simple Moving Average (SMA) was a key bullish signal. Technical indicators such as the Relative Strength Index (RSI)...

On Friday, the EUR/USD pair continued to trade above the 100.0% Fibonacci retracement level at 1.1409, maintaining a short-term bullish bias. Therefore, the upward move may resume today, with...

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On the hourly chart, the GBP/USD pair rebounded once again from the 76.4% Fibonacci retracement level at 1.3382 on Friday and declined toward the 61.8% Fibonacci level at 1.3335. Today...