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

The Eagle indicator is showing a negative signal, so we must be very cautious if we are buying crude oil, as the instrument is likely to trade under downward pressure...

We observe the formation of a symmetrical triangle pattern on the H1 chart. The instrument is expected to oscillate within this pattern in the coming hours, and we foresee consolidation...

If the euro continues to rise and consolidates above 1.1615 in the coming hours, the outlook could turn bullish, and this would be seen as an opportunity to buy with...

Conversely, if Bitcoin consolidates above the 200 EMA and above the 5/8 Murray level, this could be seen as a positive signal to buy, with targets at $79,872...

Preliminary PMI data for May from the Eurozone and the UK will be released today in the first half of the day, and the market will focus closely on these...

The price test at 1.1611 coincided with the MACD indicator just beginning to move upward from the zero mark, confirming the correct entry point for buying euros. As a result...

The dollar has once again found itself in a difficult position due to Donald Trump's latest statements regarding the Middle East. The euro and the pound reacted positively to news...

According to the H4 chart, crude oil has broken the uptrend channel and is now consolidating below this zone. Thus, we believe it could continue its fall in the coming...

We should pay attention to the 21 SMA, a key support level where we could look for opportunities to open long positions. Our outlook will hold only if the instrument...

Given that the British pound has reached resistance near 1.3477, this could be a signal to open short positions; or, should the British pound fall below the 6/8 Murray level...