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...

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...

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...

Additionally, a sharp break above this symmetrical pattern and a close above 1.0955 on the H4 chart could enable the euro to continue rising. EUR/USD could reach 6/8 Murray...

Our strategy for the next hours will be to sell the Euro below 1.0986 (6/8 Murray), with targets at 1.0930 and 1.0900 (200 EMA). The eagle indicator since December 26th...

The main trend remains positive for the Euro. However, in case it falls and consolidates below 1.1060, we could expect a continuation of the downward movement and EUR/USD could reach...