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

Gold is likely to reach the bottom of the downtrend channel around $4,103 in the coming days and could even reach the 200 EMA around $4,090. Finally, XAU/USD is expected...

The Eagle indicator is showing the overbought market. Therefore, the odds are that the market will undergo a technical correction in the coming days, and ETH could reach the $2,800...

Given that Bitcoin is showing overbought levels, we expect the price to fall below $93,750 in the coming hours, which will be seen as an opportunity to open short positions...

Given that the euro is showing overbought conditions, we expect a technical correction in the coming hours. If the instrument is below the top of the uptrend channel and below...

Only the euro was traded today using the Mean Reversion scenario, although even there no strong reversal movement occurred. I did not trade anything using the Momentum approach. Inflation data...

If the bearish force prevails, Bitcoin has another key support around $86,000 - $85,000. In other words, if a technical rebound occurs around this area, we could open long positions...

The euro is expected to continue rising in the coming days, as ERUR/USD is likely to reach 1.1718, where the 8/8 Murray is located. The instrument could even cover...

At the start of the new week, NZD/USD is trading in a narrow range near the November high recorded on Friday, consolidating the recent strong rally. Spot prices are holding...

Bitcoin is trading around $91,537, consolidating in this area and showing signs of exhaustion, which means that a technical correction is likely to occur in the coming days. Bitcoin...

The euro continues to trade within its uptrend channel, so the outlook remains positive. Therefore, we will look for opportunities to buy at current price levels around 1.1570...