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

EUR/USD is trading around 1.1746, above the 4/8 Murray and above the 21 SMA with a bullish bias after consolidating above the 1.1700 level. This zone enabled the euro...

The euro and the British pound maintained their positions against the U.S. dollar, unlike the Japanese yen, which fell sharply. However, the dollar still faced pressure after disappointing data from...

Our outlook remains bullish as long as the price remains above $4,321. So, our trading plan could be to buy, anticipating the price to reach $4,375 in the coming hours...

The outlook remains negative for the euro, so any technical rebound that occurs in the coming hours could be seen as an opportunity to open short positions in anticipation...

The euro could gain ground if it reaches and consolidates above the 21 SMA located at 1.1748. We could then expect EUR/USD to reach 5/8 Murray at 1.1779 and finally...

If gold reaches the 8/8 Murray around $4,375, this could be seen as an opportunity to open short positions, as this represents a strong barrier for gold, and in turn...

Bitcoin is trading around $87,098, below the 21 SMA and below the 200 EMA, which indicates that it could continue its fall in the coming days and could reach 1/8...

At the beginning of the upcoming week, there is a high likelihood of "sideways" movement in the GBP/USD chart. A decline towards the calculated support levels is possible, with...

At the beginning of the upcoming week, the British pound major may face pressure near the resistance zone. A brief spike above its upper boundary is not excluded. After that...

At the beginning of the upcoming week, the European major is expected to form a flat "sideways" movement on the chart. A downward vector is possible. An increase in volatility...