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

On Thursday, EUR/USD reversed in favor of the US dollar and consolidated below the 100.0% retracement level at 1.1620. This is already the fifth or sixth close below or above...

On the hourly chart, GBP/USD fell to the 76.4% retracement level at 1.3489 on Thursday, rebounded from it, and returned to the 1.3526 level on Friday. Thus, the upward move...

The EUR/USD pair declined for six days, but this week the bulls nevertheless launched a small attack. The attack has every chance of ending very quickly because, for example...

The GBP/USD pair has lost its bullish momentum, and at present the chart suggests that the pound may continue to decline. Yesterday and today, the price reacted to bearish imbalance...

EUR/USD continued to rise on Wednesday after consolidating above the 100.0% retracement level at 1.1620, moving toward the 127.2% Fibonacci level at 1.1700. Of course, movements such as those seen...

On the hourly chart, GBP/USD made several alternating upward and downward moves on Wednesday and ended the day near the 100.0% retracement level at 1.3556. This is also where...

The EUR/USD pair declined for six days, but this week the bulls have strong reasons to launch a new advance. The pair remained virtually unchanged for seven full days...

The GBP/USD pair has lost its bullish momentum but may regain it in the near future. Let me remind you that my analysis is currently based on EUR/USD, which...

On Tuesday, EUR/USD made another reversal in favor of the European currency and consolidated above the 100.0% retracement level at 1.1620. Thus, the upward movement may continue today toward...

On the hourly chart, GBP/USD returned to the 100.0% retracement level at 1.3556 on Tuesday. Today, a rebound from the 1.3556 level would favor the US dollar and some decline...