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

The euro is trading around 1.1463, rebounding after hitting a low of 1.1435 during the European session. The euro may struggle to continue rising if it consolidates below the 2/8...

Given that the Eagle indicator reached extremely oversold levels and has since been giving positive signals, any pullback will be seen as an opportunity to buy in the coming days...

A consolidation above the psychological level of $70,000 and above the 200 EMA would be seen as a signal to continue buying with a target at the 4/8 Murray around...

If the EUR/USD pair consolidates above 1.1596 in the coming hours, where the 3/8 Murray is located, it could be seen as an opportunity to open long positions with...

The euro could extend its fall in the coming hours until it reaches the bottom of the downtrend channel around 1.1630. This level could give the euro no opportunity...

The Eagle indicator is showing a positive signal. So, there could be opportunities to buy within the symmetrical triangle pattern above 1.1770 and 1.1760 with targets at 1.1840 and 1.1962...

If the euro consolidates above the 200 EMA, EUR/USD should consolidate, and we can expect a recovery in the coming days. The instrument may reach 1.1840 and even the 6/8...

If the euro consolidates below the 200 EMA and below the 21 SMA in the coming hours, we can expect a further downward movement. Hence, EUR/USD could reach the 4/8...

If the euro consolidates above 1.1801 in the coming hours. This could be seen as a positive sign, and the euro could reach the 5/8 Murray around 1.1840 and could...

On the contrary, if the euro consolidates above 1.1840 in the coming hours, it could mean a change in the trend, and we could expect EUR/USD to reach the 6/8...