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

If, in the coming hours, the euro consolidates above 1.1530—where the 21 SMA is located—it could present an opportunity for a technical rebound and could be viewed as a bullish...

Given that the British pound is under downward pressure, we could expect it to continue falling in the coming days until it reaches the lower band of the downtrend channel...

Gold was sold off today, breaking a four-day winning streak. From a technical perspective, the failed attempt to rise near the 200-period exponential moving average (EMA) on the 4-hour chart...

The EUR/USD pair continued its upward movement throughout Wednesday—until another speech by Donald Trump took place, which will be discussed below. Overnight, the pair reversed in favor of the U.S...

On the hourly chart, the GBP/USD pair on Wednesday rose to the resistance level of 1.3341–1.3352, rebounded from it, reversed in favor of the U.S. dollar, and fell...

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful...

[#USDX] If we pay attention to both EMA which is in a Death Cross as well as RSI(14) has approaching the Overbought level, then there is potential in the near...

[Nasdaq 100 Index] With both EMAs condition forming a Golden Cross intersection and RSI(140) having briefly touched the Oversold level, then in the near future #NDX has the opportunity...

The British pound has recouped some of its losses after finding strong support around Murray's 4/8 level, when it fell yesterday during the US session. A strong technical rebound pushed...

The EUR/USD pair is trading around 1.1613, reaching the strong resistance at the 200 EMA and approaching the top of the uptrend channel around 1.1645. Following a sharp technical correction...