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

Early in the American session, Bitcoin is trading around $104,250, above the 21st SMA and within the bullish trend channel formed on May 4th. We observe exhaustion. During the last...

Early in the American session, the EUR/USD pair is trading around 1.1123, bouncing after reaching the bottom of the downtrend channel. We observe overbought conditions. At the opening of this...

On the other hand, if the bearish force prevails, gold is expected to continue falling and could again test the 6/8 Murray level, which could serve as a good point...

Early in the European session, the EUR/USD pair is trading around 1.1224, above the 200 EMA, and below the 6/8 Murray, with a bearish bias. The euro is likely...

Early in the American session, gold is trading around 3,382, rebounding after reaching a low of 3,359 during the opening session. A strong technical rebound suggests a rally...

Technically, the euro is exhausted. So, the bearish outlook could remain valid as long as ER/USD settles below 1.1370. It could then reach the 200 EMA located at 1.08...

Early in the American session, gold is trading around 3,381, retreating after reaching a high around 3,397. Gold as a safe-haven asset is nervous due to geopolitical tensions around...

Early in the American session, the EUR/USD pair is trading around 1.1345, reaching the top of the downtrend channel and showing signs of exhaustion. The euro could resume its bearish...

On the other hand, a weakness in the metal below the 21SMA at 3,280 could resume the bearish cycle. So, we could expect gold to reach the bottom...

The price of the yellow metal is likely to trade between 3,203 and could reach the bottom of the bearish channel around 3,181 in the coming days, a level that...