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

Forex Analysis

Forex Analysis:::2024-05-02T15:43:30
Trading Signals for EUR/USD for May 2-4, 2024: buy above 1.0681 (21 SMA - 3/8 Murray)
The euro could consolidate between 1.0742 (4/8 of Murray) and 1.0620 (2/8 of Murray) in the coming days. We believe that this price range could fluctuate for a long time...
Forex Analysis:::2024-05-02T14:12:49
Trading Signals for GOLD (XAU/USD) for May 2-4, 2024: buy above $2,280 (200 EMA - symmetrical triangle)
Gold is trading around 2,287.62, above the 200 EMA, and within a symmetrical triangle pattern forming since April 16. Yesterday, gold reached the 2,230 area, it tried to break this...
Forex Analysis:::2024-05-02T04:01:23
Trading Signals for Bitcoin (BTC/USD) for May 2-7, 2024: buy above, $56,250 (rebound - 2/8 Murray)
Bitcoin is trading around 57,232, above 2/8 Murray, and under strong bearish pressure. We believe that Bitcoin could resume its main bullish cycle in the next few hours and could...
Forex Analysis:::2024-05-01T15:47:37
Trading Signals for GOLD (XAU/USD) for May 1-2, 2024: buy above $2,290 (21 SMA - 4/8 Murray)
In the next few hours, we could expect gold to make a technical correction and consolidate above 2,290. This area could offer a good opportunity for gold to continue rising...
Forex Analysis:::2024-04-30T14:17:46
Trading Signals for Bitcoin (BTC/USD) for April 30 - May 7, 2024: sell below $62,500 (21 SMA - 4/8 Murray)
Bitcoin is trading around 61,266 under strong bearish pressure. During the European session, it tried to break the top of the bearish trend channel forming since March 30 around 64,700...
Forex Analysis:::2024-04-30T14:01:30
Trading Signals for Ethereum (ETH/USD) for April 30 - May 7, 2024: sell below $3,177 (21 SMA - 1/8 Murray)
The eagle indicator is giving an oversold signal. So, we believe Ether could get a technical bounce in the coming days if it finds a good bottom around the psychological...
Forex Analysis:::2024-04-30T03:41:41
Trading Signals for GOLD (XAU/USD) for April 30, 2024: buy above $2,325 (21 SMA - 200 EMA)
In case gold continues to rise, we should expect consolidation above 2,340 on the H1 chart. Above this area, bullish strength could prevail and we could look for opportunities...
Forex Analysis:::2024-04-29T14:19:03
Trading Signals for EUR/USD for April 29-30, 2024: sell below 1.0750 (200 EMA - 4/8 Murray)
In the next few hours, the euro could bounce within the uptrend channel and reach 4/8 Murray and the 200 EMA located at 1.0751. If this zone turns...
Forex Analysis:::2024-04-29T13:56:26
Trading Signals for GBP/USD for April 29-30, 2024: sell below 1.2553 (200 EMA - overbought)
In case GBP encounters rejection around 1.2553 (200 EMA) or 1.2573 (7/8 Murray) and fails to consolidate above this area, it will be seen as a signal to sell, with...
Forex Analysis:::2024-04-29T13:35:47
Trading Signals for GOLD (XAU/USD) for April 29-30, 2024: buy above $2,322 (21 SMA - rebound)
In case gold consolidates above 2,320 in the coming days, the outlook will remain positive. In case there is a rebound around 5/8 Murray located at 2,312, we could still...
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