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

ER/USD is trading around 1.1639, above the 200 EMA, and above the 21 SMA, within a descending trend channel. In the coming hours, the euro could reach the strong resistance...

XAU/USD is trading around 4,203, above the 21-SMA and within the ascending trend channel formed since early November. Yesterday, during the US session, gold underwent a sharp technical correction from...

In case of a pullback, we can expect the instrument to attempt to test the bottom of the ascending trend channel around 101,375. This area could be seen...

If a consolidation occurs above the 7/8 Murray level, the outlook could be positive for the euro, and any pullback will be seen as an opportunity to open long positions...

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EUR/USD is trading around 1.1555, above the 21-period SMA, with a positive bias. In the coming hours, we could expect a technical correction towards the 61.8% Fibonacci retracement level around...

Conversely, if Bitcoin falls below $104,000 and below the 21SMA, we could expect it to reach the psychological level of $100,000 again and even return to the price levels...

On the H4 chart, we can see that gold is trading within an upward trend channel and is likely to reach overbought levels, given the strong resistance at the $4,162...

EUR/USD is trading around 1.1572 within a descending trend channel formed on September 11th, facing strong resistance around 1.1596. It is expected that the euro will struggle to continue rising...

The Eagle indicator is positive, so we will look for opportunities to buy gold in the coming hours, but we must always be alert for any pullbacks to open long...