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 broke down significantly during the trading session on Thursday, breaking down below the bottom of the hammer that had seen support at the 50-day EMA during the Wednesday session.
The EUR/USD pair initially rally during the trading session on Thursday, but then rolled over rather drastically as the ECB policy statement suggested that perhaps we may see less quantitative easing, but that isn’t coming soon.
The EUR/USD pair has gone back and forth during the trading session on Wednesday, as we continue to see softness in the market.
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The Euro was noisy during the month of February, and I believe it will continue to be. See the forecast for the month of March 2018 here.
The EUR/USD pair has been explosive to the upside over the last month or so, and more importantly, has broken above the top of a weekly bullish flag.
The EUR/USD gains stopped at the resistance level 1.2080, the highest level in 3 months, before it went back to 1.2000 at the time of writing.
The EUR/USD is settling on top of the psychologically important resistance level at 1.2000 before the release of the minutes of the latest Federal Reserve meeting
The EUR/USD moved again through the resistant at 1.1900 with continued pressure at the greenback, as the US Index tested the 92.96 DXY level
The EUR/USD pair has been volatile over the course of the last 6 months or so, but the one thing that you cannot deny is that we’ve seen a lot of bullish pressure.
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There are a lot of factors that are unknown currently for EUR/USD pair, making this prediction one of the most difficult.
For us, this is going to be the market to pay attention to in the month of December, and probably January 2018 as well.
The EUR/USD pair has recently broken down below a head and shoulders pattern on the daily chart, which had a neckline near the 1.17 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The EUR/USD pair has been extraordinarily strong over the last several weeks, and even when as high as the 1.20 level.
The EUR/USD pair has had a very strong month of May, reaching above the 1.12 handle.
The EUR/USD pair has had a rough couple of weeks, but we are starting to find support underneath the 1.05 level.