The EUR/USD pair is highly recommended for traders who are only beginning to trade Forex. It trades easily by retail traders as well as by Central banks and financial institutions around the world.
The most active trading sessions takes place in London and New York and the most commonly used EUR/USD Forex charts are the Daily, 4 Hour and 1 Hour charts. The traders at Daily Forex will post the latest Euro to US dollar forecasts and will keep you totally updated regarding EUR/USD trading.
EUR/USD receives additional interest from volume generated by the Euro-crosses (e.g. euro/British pound (EUR/GBP), EUR/CHF and EUR/JPY. This interest tends to be contrary to the underlying U.S. dollar direction, making it an attractive market for short-term traders.
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EUR/USD hovers around 1.16 support within consolidation, with a break below targeting 1.14 and a move above 1.18 opening the path toward 1.20.
EUR/USD holds near 1.1660 in a neutral range, with 1.1600 as key support and 1.1770–1.1830 resistance in focus ahead of critical US jobs data.
EUR/USD rallied midweek but remains stuck between 1.16 support and 1.18 resistance as traders await direction from Friday’s NFP report.
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EUR/USD remains under selling pressure near 1.1600 as rising European bond yields and risk-off sentiment strengthen the US dollar.
The euro fell back to key support near 1.16 as EUR/USD remains range-bound ahead of US jobs data and the Fed’s September policy statement.
EUR/USD trades with a bullish bias near resistance, as traders watch Eurozone inflation data and US PMI for signals on whether the pair can break above 1.1735 toward 1.1830.
The euro pulled back after an early rally on Monday, with price action trapped between 1.16 and 1.18 as traders await clarity on Fed rate cuts and global risk appetite.
The EUR/USD rebounded higher, attempting to break resistance at 1.1700, supported by U.S. inflation data and tensions between Trump and Federal Reserve officials.
The euro slipped against the dollar, struggling under 1.18 resistance while 1.16 support and Fed rate cut speculation define the next move.
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EUR/USD rallied on Thursday but continues to trade in consolidation, with 1.16 as support and 1.18 as resistance as traders await Fed policy clarity.
EUR/USD trades sideways with a bearish tilt as Fed independence concerns and political uncertainty weigh, with key support at 1.1560 and resistance at 1.1680–1.1770.
EUR/USD holds near 1.1610 as Trump’s firing of Fed Governor Cook raises doubts about Fed independence, with support at 1.1570 and resistance at 1.1680.
EUR/USD pulled back on Monday, holding within the 1.16–1.18 range as traders await clarity from the Federal Reserve’s September meeting.
EUR/USD is rebounding near 1.1720 after Powell’s dovish Jackson Hole speech, with bulls targeting 1.1830 and possibly 1.20 if momentum strengthens.
EUR/USD consolidates near 1.1625 with a bearish bias, as traders await Eurozone PMI data and Powell’s Jackson Hole remarks for direction.