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.
Most Recent
The EUR/USD pair extended its bullish momentum toward 1.1785 on July 24, supported by investor optimism over trade progress and anticipation of a critical ECB policy announcement.
The EUR/USD continues its gradual bullish climb, with solid support between 1.15–1.16 and upside targets at 1.18 and beyond, though momentum remains slow.
The EUR/USD pair shows strong bullish momentum, supported by technical indicators and market optimism ahead of the ECB decision and amid US dollar weakness.
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The euro continues to climb against the US dollar, testing the 1.17 resistance as bullish momentum and a weakening greenback support a potential move toward 1.20.
EUR/USD climbs back toward 1.1700 as traders await Jerome Powell’s statement and assess ECB policy signals amid looming EU-US tariff uncertainty.
The Euro continues to recover against the USD, holding above 1.16 as buyers defend the support zone with potential upside toward 1.1850 amid ongoing Fed and trade policy scrutiny.
EUR/USD remains under bearish pressure within a counter-trend channel, with technical indicators suggesting potential for further downside toward 1.1440 as market sentiment dominates.
Investors continue to cautiously monitor economic and trade developments, awaiting a new wave of corporate earnings. Recently, market sentiment improved after
The euro spiked and retraced on Wednesday amid Trump-Powell rumors, with EUR/USD now stabilizing around the key 1.16 support zone.
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The EUR/USD pair begins a bearish phase below 1.1600 amid fading Fed rate cut hopes, setting up a move toward 1.1450 unless strong Eurozone data intervenes.
The euro plunged to the 1.16 support zone after softer-than-expected US CPI data cast doubt on imminent Fed rate cuts, sparking a sharp market repricing.
EUR/USD remains under pressure near 1.1667 as markets brace for US CPI data and German ZEW sentiment, with technical signals pointing to a potential drop toward 1.16.
EUR/USD begins the week on a bearish note, breaking below 1.1660 as trade tensions and ECB policy divergence weigh on sentiment, with 1.1580 as next key level.
The euro slipped slightly on Thursday, with traders watching key support at 1.16 and resistance at 1.18 as the broader uptrend remains intact.
EUR/USD slipped modestly on Wednesday, but the broader uptrend remains intact above 1.16, with traders watching the 50-day EMA for directional clues.