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

On Wednesday, the EUR/USD pair reversed in favor of the euro and climbed toward the 50.0% Fibonacci corrective level at 1.1630. A rebound from this level would favor the U.S...

On the hourly chart, the GBP/USD pair reversed once again in favor of the British pound on Wednesday and climbed toward the resistance level of 1.3454–1.3466. A rebound from this...

#VIX With both EMAs forming a Death Cross intersection and supported by RSI(14) indicator in the Neutral-Bearish level area, then today #VIX has the potentialto weaken toward its nearest support...

#USDX #USDX will continue to to test its nearest resistance level, as it is confirmed by both EMAs which forms a Golden Cross intersection. Key Levels 1. Resistance...

According to the H4 chart, crude oil has broken the uptrend channel and is now consolidating below this zone. Thus, we believe it could continue its fall in the coming...

We should pay attention to the 21 SMA, a key support level where we could look for opportunities to open long positions. Our outlook will hold only if the instrument...

Given that the British pound has reached resistance near 1.3477, this could be a signal to open short positions; or, should the British pound fall below the 6/8 Murray level...

The euro has upside potential in the coming days, so we will look for opportunities to continue buying as long as the price consolidates above the 3/8 Murray level. Hence...

The GBP/USD pair declined for four consecutive days. As a result of this drop, the bears reached imbalance zone 18, which is a bullish pattern. Therefore, unless new negative developments...

The EUR/USD pair reversed in favor of the U.S. dollar, fully pierced bullish imbalance 14, and tested imbalance 13. On Monday, Donald Trump pleased bullish traders with conciliatory rhetoric regarding...