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

A pullback to the 61.8% Fibonacci level around $4,780 could be considered a bearish signal, and we could open long positions if the price encounters rejection below...

Early in the European session, the euro is trading around 1.1725, undergoing a technical correction after attempting to break through the upper band of the uptrend channel. The euro could...

If CL reaches the strong resistance at $106.79, we could expect it to face strong rejection at this level. However, if the upward momentum prevails, the instrument is expected...

The Eagle indicator has reached oversold levels and is showing a positive signal. Therefore, in case of a technical correction toward $4,500 and as long as the price consolidates above...

Given that the technical chart shows oversold levels, we could closely monitor the price; if it consolidates above 1.3460, we could view this level as a signal to continue buying...

If the euro recovers above 1.1650 and consolidates above 1.1681 in the coming hours, we could buy with targets at the 21 SMA around 1.1709 or around the upper band...

According to the H4 chart, gold has reached oversold levels, so we could expect a technical rebound in the coming hours if the price consolidates above $4,550...

Gold is trading around $4,568, undergoing a sharp technical correction after consolidating for about seven days around the $4,700 level. Gold is expected to continue falling in the coming days...

Given that the indicator is reaching oversold levels, the euro will likely continue its rise from current price levels. Therefore, if EUR/USD consolidates above the 200 EMA, this could...

After consolidating above $93 since the start of the week around the 50% Fibonacci level, USD/OIL is gaining strong momentum, reaching the $99.48 per barrel area during the early hours...