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

Today, the EUR/CAD pair fell below the key 1.6300 level and below the confluence of the 9- and 14-day EMAs, gradually shifting momentum in favor of the bears. Meanwhile...

Today, the EUR/CAD pair continues its advance following Friday's rebound from the 1.6170 level, gaining momentum for the second consecutive day. This marks the third day of positive performance...

On the weekly chart, the price has reversed from the upper boundary of the price channel. Multiple divergences have formed between the price and the Marlin oscillator. The Marlin signal...

With a strong upward move yesterday, the EUR/CAD pair broke above both indicator lines (balance and MACD ) and the 200% Fibonacci reaction level. Today's session also opened above these...

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Early in the European session, the EUR/USD pair is trading around 1.0762, showing signs of exhaustion and going through a technical correction below 5/8 Murray (1.0803). On the H4 chart...

If the Euro trades below 1.0770 in the next few hours, we expect it to resume its bearish cycle and it could reach 1.0740 and even a key area...

According to the eagle indicator, the euro has entered a strong oversold zone. A sharp technical rebound is likely to occur above 1.0680 and EUR/USD could reach 1.0760...

There is a strong probability that EUR/USD will continue to bounce and could reach 1/8 Murray at 1.0803. Above this zone, the instrument could continue rising until it reaches...

Our strategy for the next few hours will be to wait for the euro to consolidate around 1.0742 to buy with the target at 1.0859. In case the euro breaks...