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...

Bitcoin (BTC) reached its monthly high of 46,754 and returned to January 11 price levels, with an increase of 3.8% in 24 hours. According to the daily chart, Bitcoin reached...

Bitcoin is trading around 44,600, reaching the 61.8% Fibonacci retracement and with a strong bullish movement after having broken the symmetrical triangle pattern. In the next few hours, Bitcoin...

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...

The main trend remains bearish for Bitcoin. Therefore, the most efficient strategy could be to sell below the top of the downtrend channel. The trend could reverse if BTC consolidates...

Technically, we see that Bitcoin is showing signs of exhaustion as it has reached oversold levels. So, a technical rebound is likely to occur in the coming days...