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

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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...

EUR/USD is trading around 1.0771, above the 21 SMA, and above 0/8 Murray. We can see that the euro started a technical rebound after having formed a double-bottom pattern. EUR/USD...

Technically, we see that the euro is showing signs of exhaustion and we could expect a technical correction in the coming days. Therefore, there is strong bearish pressure below 1.0890...

Early in the European session, Gold is trading around 2,046.54, above the 21 SMA, and within the uptrend channel forming since January 24. Yesterday during the American session, gold reached...

If the Euro remains below 1.0836 in the coming hours, the outlook could be negative and we could expect EUR/USD to continue falling. The price could reach the bottom...