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

On Tuesday, EUR/USD reversed in favor of the European currency and consolidated above the 127.2% corrective level at 1.1220, followed by a return to this level on Wednesday morning. Thus...

On the hourly chart, GBP/USD rose to the 100.0% corrective level at 1.3272 on Tuesday and rebounded from it. Thus, a reversal in favor of the US currency occurred...

The 4-hour (H4) chart for Gold (GOLD) shows price movements influenced by a primary bearish channel; the price is currently trading at the 4143.37 level, near the lower boundary...

EUR/USD had been declining for 18 consecutive days, apart from several minor pauses. During this period, the European currency lost 470 points. The decline in the European currency began...

GBP/USD was in a period of almost uninterrupted decline for eleven days, but for more than a week it has been making repeated attempts to begin a corrective recovery...

If crude oil recovers some of its losses in the coming hours and consolidates above $87, we could expect it to reach the psychological level of $90 around...

Technically, we could expect consolidation above the 21 SMA around $4,156. If gold pulls back to this zone in the coming hours, it could be seen as an opportunity...

On the other hand, if there is a pullback toward the 21 SMA around $85,496 or toward the lower band of the uptrend channel, this could be considered a signal...

If the euro pulls back from current price levels and consolidates around the 0/8 Murray level—which also coincides with the 21 SMA at 1.1280—this area could be viewed...

EUR/USD resumed its decline on Monday and consolidated below the 127.2% retracement level at 1.1220. As of Tuesday morning, the euro had returned to this level. Thus, a rebound from...