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

If the euro consolidates within the uptrend channel, it is expected to continue its upward path in the coming hours and could reach 1.1840 in the short term...

On the H4 chart, we can see that the Eagle indicator has reached extremely overbought levels, showing a negative signal. This setup could allow us to open short positions...

The Eagle indicator is showing a negative signal. So, a strong technical correction will likely occur in the coming hours, and EUR/USD could reach 1.1676 around the 21 SMA located...

On Tuesday, the EUR/GBP rate is near 0.8720, up 0.60% for the day, as the euro gains against the pound amid positive macroeconomic releases from the euro area...

Today, only the Australian dollar could be traded using the Mean Reversion strategy. Using the Momentum strategy, I traded the euro and the British pound. Strong data from...

On Monday, the EUR/GBP pair is trading within its previous range, reflecting a relative balance between the euro and the pound sterling under current market conditions. Recent inflation data from...

The Eagle indicator is showing a negative signal, so we expect gold to make a strong technical correction towards the 21 SMA and the bottom of the uptrend channel around...

Over the coming week, continuation of the overall sideways (flat) movement of the British pound price within a horizontal range is likely. In the first days, a decline toward...

In case of a technical rebound above 1.1596 or 1.1555, it will be seen as an opportunity to open long positions with targets at 1.1657, where Murray's 3/8 is located...

The euro is showing moderate resilience amid easing inflationary pressure in the euro area, strengthening the case for the European Central Bank to conclude its rate-cutting cycle. According to data...