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

The wave pattern on the 4-hour EUR/USD chart has changed. There is still no talk of canceling the upward trend segment (shown in the lower chart), which began in January...

If, in the coming hours, ETH/USD consolidates above the 21 SMA at $2,151, we could consider this level as a buy point with targets at $2,220 and the 2/8 Murray...

The test of the 1.1634 price level occurred when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling the euro...

The British pound is trading around 1.3395, above the 21-day SMA, and has reached the top of the downtrend channel that has been forming since early May. A H4 chart...

Today, both the euro and the pound were traded using the Momentum strategy, but no significant movements developed. I did not trade anything using the Mean Reversion strategy. The optimism...

Doing the same thing over and over while expecting a different result is called madness. Donald Trump first demanded regime change in Iran, then total capitulation. Now, the US president...

In case of a pullback toward the 200 EMA, which coincides with the 21 SMA at $77,748, we could view this zone as an opportunity to open short positions, with...

Gold is trading around $4,548 under strong downward pressure, below the 21-day SMA and the 200-day EMA, and within a downtrend channel that has been forming since May 11. Gold...

Given that crude oil is struggling to continue rising, it could reach the $103.90 zone in the coming hours, which could be seen as an opportunity to sell with targets...

As long as the euro trades below 1.1718, any technical rebound will be viewed as an opportunity to open short positions with medium-term targets around the psychological level of 1.1500...