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

Early in the American session, Gold (XAU/USD) is trading around 2,797 with a bullish bias above the 21 SMA and within the uptrend channel forming since January 13. Gold...

Technically, bullish strength is fizzling out on the H4 chart. Therefore, EUR/USD is likely to fall towards 2/8 Murray at 1.0865 in the coming days. The currency pair could even...

If the Euro trades below 1.0770 in the next few hours, we expect it to resume its bearish cycle and it could reach 1.0740 and even a key area...

Technically and according to the weekly chart, we do not see any signal to sell, but on the H1 and H4 charts, we can see that Bitcoin has reached...

ETH is overbought according to the H1 and H4 charts. So, a technical correction is expected to occur in the coming days and the key could be to sell below...

Our outlook could be positive for the euro if it breaks sharply above the SMA 21 in the next few hours. Then, EUR/USD could reach 1/8 Murray located at 1.0803...

The daily pivot point is located around 1,990, which adds a positive outlook, but we should expect the instrument to trade above this level. Then, we could have a bullish...

The British pound is trading around 1.2546 after a sharp decline from the 4/8 Murray zone towards the psychological level of 1.25. The GBP/USD pair is moving within a symmetrical...

According to the eagle indicator, the euro has entered a strong oversold zone. A sharp technical rebound is likely to occur above 1.0680 and EUR/USD could reach 1.0760...

The eagle indicator reached the extremely oversold zone. So, a technical correction is imminent in the next few hours or days and gold could reach 2,005, a level where...