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

Despite price reaching new higher highs above 1.29, price formation last Friday was bearish as we mentioned in our analysis because of the reversal candlestick pattern. Price today remains under...

NZDUSD is trading around 0.6970 for the 4th consecutive week. Each time moves below 0.6950 over the last four weeks, bulls step in and push price higher to close...

GBPUSD enjoyed a positive week after a bullish hammer candlestick pattern week. Hammer patterns usually are signs of trend change and since the following week was positive, the chances...

In the European session on Monday, the GBP/USD pair reached the level of 1.4050 not seen in 35 months. Then, on the 1-hour charts we saw that it left...

As we can see on the Weekly chart, the lower 'Window' is acting as strong support, so the market is consolidating. There're a variety of bearish and bullish patterns...

The bovine candle formation "Absorption" and the subsequent bullish formation "Harami" allowed the pair to turn in favor of the European currency and begin to increase in the direction...

4h Quotations of the pair NZD / USD continued the growth process and fixed over the correction level of 200.0% - 0.7289. However, the bear formation "Falling Star" allows traders...

4h Prices hang up from the correction level of 161.8% to 0.7199 and the formation of bullish Harami candlestick pattern are working in favor of the New Zealand currency...

After the formation of the bearish Harami candlestick pattern, the EUR/JPY pair executed a move in favor of the Japanese currency and began to decline towards the direction...

The bear formation of the "Falling Star" and the release of quotations from the Fibo level of 200.0% - 0.7289 made it possible to execute a turn in favor...