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

Gold (XAU/USD) is trading with a strong bullish bias today, approaching the upper boundary of its monthly trading range. From a technical perspective, the intraday breakout above the 200-period Exponential...

On Tuesday, the EUR/USD pair rebounded from the 61.8% Fibonacci retracement level at 1.1507, reversed in favor of the euro, and began advancing toward the 76.4% Fibonacci retracement level...

On the hourly chart, the GBP/USD pair reversed in favor of the pound on Tuesday and returned to the resistance level of 1.3454–1.3458. Today, the pair has every chance...

If crude oil trades above $73.88 in the coming hours, this could be seen as a buying opportunity, with targets at $75; ultimately, we expect it to reach the 61.8%...

Given that gold is showing a positive signal, we could look for opportunities to buy above the 200-day moving average around $4,116 or, in case of a pullback toward...

As we've mentioned on previous occasions, the euro faces strong resistance around the 200 EMA at near 1.1570 on the daily chart. If the euro reaches this zone...

The EUR/USD pair remains within the local bearish impulse that has been in place since April 17. However, every impulse eventually comes...

The GBP/USD pair posted strong gains last week, fully in line with the prevailing news backdrop. It can therefore be argued that the bulls launched a new advance...

From a technical perspective, XAU/USD remains well below its 200-day Simple Moving Average (SMA) and continues to trade within a short-term bearish trend inside the established range that has persisted...

On Monday, the EUR/USD pair rebounded from the 76.4% Fibonacci retracement level at 1.1551, reversed in favor of the U.S. dollar, and declined toward the 61.8% Fibonacci retracement level...