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

Hawkish remarks by Reserve Bank of Australia Governor Michele Bullock following the December 9 monetary policy decision, as well as the meeting minutes, showed that policymakers' concerns about inflation have...

If the bullish force prevails and gold consolidates above $4,375, we could expect it to reach $4,437 in the coming days and, finally, return to the +1/8 Murray located...

EUR/USD is trading around 1.1745 after a technical rebound when it reached a low of around 1.1718. On the H4 chart, we can see that the euro has been under...

Given that Bitcoin is consolidating above $87,500 as long as the price remains above the 2/8 Murray, there is a likelihood of reaching $90,000. A break above...

Conversely, if ETH/USD falls below the symmetrical triangle pattern, we could expect a drop towards the 1/8 Murray at $2,875. Finally, the instrument could reach the bottom of the downtrend...

Technically, gold is under bearish pressure and is likely to continue its negative cycle in the coming days. We could expect it to reach the 200 EMA around $4,269...

A sharp break above 2/8 Murray could accelerate the upward movement of the ETH/USD pair, potentially reaching the top of the uptrend channel around $3,200 and ultimately reaching the 3/8...

If Bitcoin consolidates above $87,500 in the coming hours, it is expected to continue its bullish cycle and could reach the 200 EMA around $89,818 and finally reach...

ETH/USD could be at risk of continuing to fall over the next few days if it consolidates below the psychological level of $3,000; it could even reach 1/8 of Murray...

If Bitcoin recovers in the coming hours and consolidates above $87,700, the outlook could be positive, and we could look for opportunities to take long positions with a target...