The euro fell during the trading session on Monday to kick off the week, reaching down towards the 1.2150 level.
Technical Analysis
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.
Advertisement
Most Recent
Technical Analysis
Technical Analysis
Technical Analysis
At the beginning of this week's trading, the EUR/USD pair retreated to the support level of 1.2170 as of this writing.
Technical Analysis
The euro got hammered during the trading session again on Friday, just as it did on Thursday.
Technical Analysis
Top Regulated Brokers
The Euro had initially tried to rally during the trading session on Thursday but has given back the gains as the 1.23 level offers resistance yet again.
Technical Analysis
The EUR/USD pair has been in a strong bullish momentum since the start of the year, which pushed the currency pair towards the 1.2350 resistance, its highest level since April of 2018.
Technical Analysis
Euro traders went back and forth during the session on Wednesday trying to figure out what will happen to the US economy and monetary policy now that Democrats control all three branches of government.
Technical Analysis
Advertisement
The euro rallied again during the trading session on Tuesday, as the 1.23 level continues to cause a significant amount of pressure.
Technical Analysis
For five trading sessions in a row, the EUR/USD pair tried to stabilize above the 1.2300 resistance.
Technical Analysis
The euro jumped more than half a percent against the US dollar, hinting at a positive mood among investors just hours before the Georgia Senate runoff elections.
Technical Analysis
Bonuses & Promotions
The euro gapped higher to kick off the year, showing signs of strength, and then took right off to slam into the 1.23 level by midday.
Technical Analysis
The currency pair began trading in 2021 with a positive attitude, but is still cautious as the pandemic rages on.
Technical Analysis
The euro pulled back from major resistance during the trading on Thursday, which would have been a bit thin due to New Year’s Eve.
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address
With risk appetite increasing due to announcements regarding coronavirus vaccines, the EUR/USD pair is correcting towards its highest gains and has so far reached the 1.2310 resistance, its highest since April of 2018.
Technical Analysis
The euro rallied into the 1.23 level, an area of significant resistance that extends to the 1.25 handle.
Technical Analysis
Investors have recently abandoned the US dollar as a safe haven, which coincides with the strong rise in the coronavirus cases and the beginning of global vaccinations, as well as Trump's reactions to the economic stimulus plans.
Technical Analysis