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

On Thursday, the EUR/USD pair consolidated above the 61.8% retracement level at 1.1594 and rose toward the resistance level of 1.1645–1.1656, as forecast. A rebound from this zone on Friday...

On the hourly chart, the GBP/USD pair on Thursday made another rebound from the 161.8% retracement level at 1.3110 and rose above 1.3186. At that moment, it might have seemed...

On Thursday, the pair moved upward, tested the 21-period EMA at 1.3214 (thin black line), and then the price went down, closing the daily candle at 1.3187. Today the pair...

On Thursday, the pair moved upward, tested the 50% retracement level at 1.1655 (blue dashed line), and then went down, closing the daily candle at 1.1632. Today it may continue...

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ER/USD is trading around 1.1639, above the 200 EMA, and above the 21 SMA, within a descending trend channel. In the coming hours, the euro could reach the strong resistance...

XAU/USD is trading around 4,203, above the 21-SMA and within the ascending trend channel formed since early November. Yesterday, during the US session, gold underwent a sharp technical correction from...

In case of a pullback, we can expect the instrument to attempt to test the bottom of the ascending trend channel around 101,375. This area could be seen...

If a consolidation occurs above the 7/8 Murray level, the outlook could be positive for the euro, and any pullback will be seen as an opportunity to open long positions...

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