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

The eagle indicator reached the 95-point zone which means that a technical correction could occur in the next few days and we even expect gold to return to levels around...

Early in the American session, the euro is trading around 1.0419, bouncing after reaching the low of 1.0331 that occurred after the Eurozone PMI data surprisingly contracted. The euro...

Early in the American session, gold was trading around 2,665, above 4/8 Murray, and above 200 EMA showing signs of exhaustion. On the H4 chart, we can see that gold...

If the euro consolidates above 1.0565 in the next few hours, the outlook could be positive, but we must remember that the euro is in a consolidation phase. So, there...

As long as gold consolidates above 3/8 of Murray, we will look for opportunities to buy with targets at 2,632 and 2,640. The Eagle indicator is showing a positive signal...

On the contrary, if the euro returns above 1.0570, we could see this as an opportunity to resume buying. The price could reach 1.0620, 1.0742 and finally...

If the euro consolidates above the 21 SMA located at 1.0554 in the next few hours, it will be seen as an opportunity to buy with targets at 3/8 Murray...

Gold is trading around 2,629 within the bullish trend channel forming since November 13 and reaching a strong resistance zone that coincides with the top of the bullish trend channel...

Early in the European session, XAU/USD was trading around 2,589 with a strong technical bounce, within the downtrend channel forming since October 31, above the 21 SMA, and above...

Since November 15, the Eagle indicator has been showing oversold signals. Hence, we believe that a technical bounce off above the psychological level of 1.0500 in the next few hours...