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

Technically and according to the weekly chart, we do not see any signal to sell, but on the H1 and H4 charts, we can see that Bitcoin has reached...

ETH is overbought according to the H1 and H4 charts. So, a technical correction is expected to occur in the coming days and the key could be to sell below...

In the next few hours, we expect Bitcoin to trade below 8/8 Murray which could be seen as a signal to sell. We could expect it to reach the first...

The daily pivot point is located around 47,500. As long as Bitcoin consolidates above this area, there is strong upside potential to buy with targets at 48,437, at the high...

Ethereum is trading around 2,486.33, below the 4/8 Murray which represents the psychological level of $2,500 and is located below the 21 SMA ,and within an uptrend channel formed since...

In case ETH/USD gains momentum and consolidates above the 200 EMA located at 2,327, we could expect it to continue rising and the price could reach 3/8 Murray at 2,421...

If the downward pressure prevails, the BTC price could approach the bottom of the downtrend channel at 41,150 and could ultimately reach the psychological level of $40,000 or around 2/8...

The eagle indicator is approaching overbought levels. If Bitcoin fails to break and consolidate above the key area of 4/8 Murray located at $43,750, it could be seen...

Early in the American session, Bitcoin is trading around 42,120, below the 200 EMA, and below 3/8 Murray with a strong technical correction. On the H4 chart...

Bitcoin could rise in the next few hours if it keeps trading above 42,300 (200 EMA) and we could expect it to reach 43,750. Once BTC overcomes this resistance...