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

If the euro price consolidates below 1.1735, the outlook could be negative for the coming days. We could sell with targets at the 7/8 Murray at 1.1596...

Given that this area where the price is currently trading proves to be good support, we could expect a technical rebound to occur in the coming hours above 3,313...

Early in the American session, the EUR/USD pair is trading around 1.1623 within the uptrend channel formed since June 10th and showing a slight recovery after consolidating in this area...

This area of 3,300 represents strong support, but we believe gold could make a technical rebound in the coming hours toward 3,327. At this point, it could resume its bearish...

The H4 chart shows a triple-top formation pattern. If the euro price falls below 1.1620, the signal will be negative, and we could sell with a target at 1.1533. EUR/USD...

If gold continues its recovery and settles above the 21 SMA at 3,364, this could be seen as a buying opportunity with targets at 8/8 Murray at 3,437. The metal...

Early in the American session, the XAU/USD is trading around 3,370, below the 21 SMA under bearish pressure. We believe a technical rebound could occur in the coming hours...

The outlook remains negative for the euro, as rising oil prices could pressure the European currency. In turn, we could expect EUR/USD to reach the 6/8 Murray level at 1.1230...

Early in the American session, the euro is trading under bearish pressure around 1.1502, below the 21-SMA and within the uptrend channel formed since early May. If the euro price...

The price of gold has been consolidating below 3,400 and below the 21SMA. After reaching the 8/8 Murray level at 3,437, gold underwent a technical correction...