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

Any pullback in the euro in the coming hours presents an opportunity to open long positions with targets at 1.1500, 1.1550, and finally at the 3/8 Murray level at 1.1596...

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...

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...

Given that the euro is under downward pressure, if a pullback towards the upper band of the downtrend channel occurs in the coming hours, it will be seen...

EUR/USD is trading around 1.1905 within the uptrend channel formed since early February. We can see that the euro is consolidating around 1.1900 and is likely to reach 6/8 Murray...

The Eagle indicator is showing a negative signal, so we could expect a strong resistance zone below the 6/8 Murray to sell the euro with targets at the 5/8 Murray...