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

The EUR/USD pair posted a slight decline on Tuesday. However, I would not place much emphasis on yesterday's consolidation below the 50.0% retracement level at 1.1630 or this morning's consolidation...

On the hourly chart, the GBP/USD pair reversed in favor of the U.S. dollar on Tuesday and consolidated below the 1.3454–1.3466 support level. Therefore, the downward movement may continue today...

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts...

Early in the European session on Wednesday, XAU/USD is trading under pressure and shows signs of vulnerability near the psychologically important $4,500 level. From a technical standpoint, the metal...

Given that the euro has left an unfilled gap, if the price falls below the 21 SMA, this could be considered a signal to sell with a target at 1.1596...

The British pound is trading around 1.3454 within the uptrend channel formed since May 15, below the 200 EMA and below the 21SMA, showing some downward pressure. The British pound...

A consolidation above $2,100 and a decisive break above the downtrend channel around $2,130 could be considered a clear buy signal, with targets around $2,201. We ultimately expect...

If USD/OIL pulls back toward the 21SMA ($92.87) in the coming hours and fails to consolidate above this zone, we could look to sell again, with targets at $88...

Over the past several days, the EUR/USD pair has been trying to reverse in favor of the euro and resume its upward movement in line with the bullish trend. During...

Last week, the GBP/USD pair declined into bullish imbalance 18, received a reaction from this pattern, formed a "Bullish Engulfing" candlestick formation, and then returned to bearish imbalance...