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

Bitcoin is trading around $91,270. On a daily chart, we can see that the price is within a downtrend channel formed since the end of September. If Bitcoin falls below...

Technically, the Eagle indicator is showing a negative signal. So, if there is a technical rebound above $3,125, we could expect ETH to hit a strong resistance level around $3,200...

Gold is trading around $4,218, around 7/8 Murray and above the 21 SMA with a slightly bullish bias, although it is showing signs of exhaustion. Gold could continue its rise...

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...

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 beginning of the upcoming week, the British pound major may face pressure near the resistance zone. A brief spike above its upper boundary is not excluded. After that...