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

EUR/USD made another reversal in favor of the euro toward the end of last week after liquidity was swept below the latest swing low. This created technical grounds...

GBP/USD has made significant progress toward establishing a new bullish impulse within its annual range. Liquidity was swept below the June 24 low, allowing the bulls to launch their first...

On the other hand, a decisive break above the downtrend channel, followed by consolidation above the 200-period exponential moving average (EMA) and the Murray 6/8 level, could be a positive...

Conversely, a decisive break above $3,940 could cause gold to face the next resistance level at $3,985; a sharp break above this resistance level could accelerate gold's upward movement...

ETH/USD is trading around $2,263 after pulling back following several attempts yesterday. During the US trading session, the price broke above the downtrend channel that has been forming since October...

The euro could trade within this downtrend channel over the next few days. Therefore, there could be strong downward pressure below the 200-day moving average, and we will continue...

The one-hour (H1) chart for crude oil futures (#CL) displays dynamic price action, reflecting a short-term corrective downtrend. The price is interacting with the boundaries of a descending price channel...

On Monday, the EUR/USD pair reversed in favor of the euro and rose toward the 127.2% retracement level at 1.1220. The pair's rebound from this level favored the US dollar...

On the hourly chart, the GBP/USD pair continued its upward movement on Monday and consolidated above the 50.0% retracement level at 1.3404. Thus, the bulls may make another attempt today...

EUR/USD made another reversal in favor of the euro late last week after sweeping liquidity below the previous low. Thus, there were technical grounds for some appreciation of the European...