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

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...

The labor market report from New Zealand, published on Wednesday, is the last major release before the RBNZ meeting at the end of May. Notably, instead of clarifying the outlook...

The NZD/USD pair is pulling back from a more than two-week high in the 0.6025–0.6030 level. Currently, the quotes have fallen below the psychological level of 0.6000, signaling a pause...

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...

EUR/USD Analysis: The hourly chart of the major euro pair shows a dominant upward wave since early February. The correction forming over the past three weeks is nearing completion...