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

If the euro continues its rebound and consolidates above 1.0790 in the coming hours, we could expect EUR/USD to continue rising. So, the instrument could reach +2/8 Murray at 1.0986...

If gold fails to break above 3,057, it will be seen as a signal to sell with a target at 3,023. Moreover, we could expect it to reach...

According to the H4 chart, the euro appears oversold, and we believe that if EUR/USD finds strong support around the 8/8 Murray level at 1.0742 or 1.0690, it will...

Gold could continue its bearish cycle in the coming days. To confirm the downtrend, we should expect consolidation below 3,020, then the price could reach the 6/8 Murray at 2,968...

Early in the American session, gold is trading around 3,021, below the 21-SMA, within the bearish trend channel forming since March 19. On the H4 chart, we can see that...

Early in the American session, gold is trading at 3,026, below the 21st SMA and below the 7/8 Murray level. We expect consolidation below this area in the coming hours...

Our medium-term forecast remains bearish. So, any technical rebound will be seen as a signal to sell with a medium-term target at about 1.0361, the level where the instrument left...

The Eagle indicator is reaching oversold levels. So, we believe that gold could resume its bullish cycle in the coming days. For this, we should expect consolidation above the psychological...

At the same time, fears about economic growth in the Eurozone are also playing a role against the euro, as this could force the ECB to further reduce interest rates...

Early in the American session, gold is trading around 3,032, undergoing a strong technical correction after reaching a new all-time high around 3,057. Despite selling pressure from profit-taking, it could...