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

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...

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...

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...

Early in the American session, the Euro is trading around 1.0841 and around the 21 SMA, bouncing after having reached the low of 1.0798 yesterday during the American session. EUR/USD...

Given that the euro is facing an area of strong resistance, if EUR/USD fails to consolidate above and also if it fails to break the downtrend channel, we could expect...

According to the H4 chart, the euro accelerated its downward movement after breaking the 200 EMA and is expected to continue falling in the next few hours until reaching 1/8...

The eagle indicator has been giving a positive signal since January 8, but the euro is facing strong resistance at 1.10. Therefore, any decline as long as EUR/USD trades above...

For the euro to resume its bullish cycles, we should expect it to consolidate above the 21 SMA located at 1.0945. The next target could be 6/8 Murray located...