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

Since the trend for crude oil remains bullish, a consolidation above $86 could extend the uptrend, and we could expect it to reach the 50% Fibonacci retracement level—the high reached...

Our outlook remains bullish, but we must be very cautious, as a technical correction is expected below $81,250 in the coming weeks. If Bitcoin remains below this level...

The weekly chart for gold shows that it has upside potential and, over the past four consecutive weeks, has been rising, gaining approximately $600, from $4,030 to its current high...

The euro could continue to rise in the coming days until it reaches the 61.8% Fibonacci level around 1.1815. If the euro remains below the 4/8 Murray level, as seen...

On Tuesday, August 25, the economic calendar contains no major events, but that does not mean that important news cannot emerge during the day. Let's briefly review the most interesting...

The EUR/USD pair continues the upward move that began after two liquidity sweeps, marked on the chart by red lines. Imbalance 17 contained the bulls' advance for a long time...

GBP/USD continues to rise, which I consider entirely justified. Reports on the US economy, labor market, and inflation have largely settled the debate over whether the FOMC will raise interest...

Bitcoin is trading around $78,405 with an upward trend after finding solid support around the 21 SMA at $77,285. Bitcoin is likely to continue rising in the coming days...

Given that gold is in an overbought zone and is technically attempting to break through the upper band of the uptrend channel, we should monitor whether the price remains below...

The euro is trading around 1.1671, below the 21-day SMA and within the uptrend channel that has formed since early August. EUR/USD could come under pressure in the coming days...