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

Early in the European session on Wednesday, XAU/USD is trading under pressure and shows signs of vulnerability near the psychologically important $4,500 level. From a technical standpoint, the metal...

Given that the euro has left an unfilled gap, if the price falls below the 21 SMA, this could be considered a signal to sell with a target at 1.1596...

The British pound is trading around 1.3454 within the uptrend channel formed since May 15, below the 200 EMA and below the 21SMA, showing some downward pressure. The British pound...

A consolidation above $2,100 and a decisive break above the downtrend channel around $2,130 could be considered a clear buy signal, with targets around $2,201. We ultimately expect...

If USD/OIL pulls back toward the 21SMA ($92.87) in the coming hours and fails to consolidate above this zone, we could look to sell again, with targets at $88...

Over the past several days, the EUR/USD pair has been trying to reverse in favor of the euro and resume its upward movement in line with the bullish trend. During...

Last week, the GBP/USD pair declined into bullish imbalance 18, received a reaction from this pattern, formed a "Bullish Engulfing" candlestick formation, and then returned to bearish imbalance...

If crude oil reaches the upper band of the downtrend channel and breaks above $96, this could be considered a positive signal to buy, with targets at the 8/8 Murray...

Gold is trading around $4,511, reaching a strong support zone near the psychological level of $4,500 and consolidating after a sharp drop from $4,578. Earlier in the week, gold...

If bearish pressure prevails and the euro consolidates below 1.1596 and below the 3/8 Murray level, this could be seen as a signal to continue selling, with short-term targets toward...