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

GBPUSD is now trading around 1.3791. Price has surpassed our initial target which was at 1.3770 and is now challenging the upper target boundary close to 1.38. Short-term trend remains...

EURUSD made a high today at 1.1669. Price reached earlier today the 38% Fibonacci retracement level of the entire decline, which was our initial bounce target, after the bullish break...

Intraday traders were advised to wait for candlestick closure above 1.1780 - 1.1840 for another ascending swing to be initiated. However, immediate downside selling pressure brought the pair down below...

Extensive bearish decline has pushed the EURUSD pair towards 1.1600 and lower levels was about to be reached if sufficient bearish momentum was maintained. Moreover, significant bullish recovery has originated...

Recently, the GBPUSD pair was testing Demand-Zone located around 1.3400 which corresponded to 123% Fibonacci Level of the most recent bearish movement. This was a good entry level...

The EUR/USD pair is traded at the 1.1642 level at the moment of writing. It has decreased a little after reaching the 1.1661 level. Now, this level which...

The short-term outlook for GBP/USD is bullish as long as it remains above the 200 EMA (1.3671). Any correction towards this area will be a good opportunity to buy. Given...

Technical analysis: EUR/USD has been trading upside but I see that EUR is testing major resistance at 1,1670. I see potential for the downside continuation. Trading recommendation: The long term...

Technical analysis: Gold has been trading upside today but the key resistance at $1,784 is on the test. I see potential for the the downside movement. Trading recommendation: The trend...

Watch for the downside movmenet...