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

Crude oil is trading around $87.40 with a bearish bias, below the 21-day SMA and the 200-day EMA, and within a downtrend channel that has been forming since April...

The euro is trading around 1.1797, above the 21-day SMA, consolidating between 1.1770 and 1.18, indicating a possible continuation of the uptrend, though technically, signs of exhaustion are evident...

The Eagle indicator is showing a positive signal, hence gold is likely to continue rising in the coming hours. Therefore, we will use this technical analysis to buy above...

After 47 days, the EUR/USD pair finally closed the gap left on February 27, demonstrating that technical analysis also has targets to be met. From the 1.14 level...

A technical rebound in gold above the 200 EMA, the 21 SMA, and the lower band of the uptrend channel—which converge around $4,778—could be a good entry point for long...

Given that the Eagle indicator has reached overbought levels, Bitcoin is expected to continue trading within a range in the coming days. Below $75,000, there could be strong downward pressure...

Given that the Eagle indicator is showing overbought signals, we could expect a technical correction toward $2,200 to open long positions. Otherwise, we could look for opportunities to open short...

If Bitcoin fails to break above $76,000 in the coming hours, we could view this zone as a signal to open short positions with targets at the 21 SMA around...

Gold has upside potential as it is technically trading above the 21 SMA and the 200 EMA. So, we believe it could continue rising in the coming days and even...

If the British pound consolidates below 1.3585, this could be seen as a signal to sell in the coming hours, with targets at the 7/8 Murray level around 1.3550...