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

The four-hour (H4) chart for gold (GOLD, H4) reveals a significant technical development: the price has exited its corrective downward path, breaking above the descending price channel. This move coincides...

On Wednesday, EUR/USD rebounded from the 127.2% retracement level at 1.1220 and posted some gains toward the 100.0% Fibonacci level at 1.1325. However, as traders often put it, price movements...

On the hourly chart, GBP/USD consolidated above the 1.3454–1.3469 support level on Wednesday and subsequently rebounded from it. However, on Thursday morning, the pair returned to this zone. Therefore, another...

If crude oil consolidates above the 6/8 Murray level in the coming hours, it could be seen as a positive buy signal, with targets at $93.75, around the 7/8 Murray...

Bitcoin is trading near the $80,448 level within the downtrend channel that has been forming since October 16 and is showing signs of exhaustion after attempting to break...

XAU is now trading above the 200-day EMA, so we believe it could continue to rise in the coming hours, at least until it encounters strong resistance at the daily...

If the euro consolidates above 1.1270 in the coming hours, the outlook could turn positive, so EUR/USD is expected to reach the upper band of the uptrend channel, around 1.1320...

On the H4 chart, we can see that Ethereum has encountered strong resistance at the upper band of the downtrend channel. Therefore, we believe a technical correction could occur...

The EUR/USD pair reversed in favor of the euro late last week after liquidity was swept below the most recent low. This means that the technical conditions for a potential...

The GBP/USD pair continues to advance within its annual trading range. Liquidity was swept below the June 24 low, allowing bullish traders to launch their first attack. This was followed...