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 is holding bullish momentum near multi-year highs ahead of this week’s ECB rate decision, with traders eyeing 1.1500 as the key resistance.
The Euro rallied rather significantly during the trading session on Thursday, touching the 1.12 level, and even breaking above it at one point during the day.
The EUR/USD pair trades with cautious stability near 1.09 as traders await FOMC minutes for clues on future Fed policy amid global trade tensions.
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The euro bounces off 1.09 on Tuesday despite global market volatility, with traders bracing for unpredictable swings amid ongoing tariff tensions.
EUR/USD remains vulnerable amid escalating US-EU trade tensions, with the 1.0880 support in focus and a potential rebound only possible above 1.1000.
The Euro saw sharp intraday volatility on Monday, with key support at 1.08 and resistance near 1.10 as global markets digest ongoing tariff tensions.
The EUR/USD pair faces high volatility as it pulls back from recent highs, with traders eyeing US inflation data and potential EU retaliation for clearer direction.
EUR/USD approaches the key 1.1000 resistance level amid USD weakness and falling Eurozone inflation, presenting a potential breakout or reversal setup.
The EUR/USD continues to face downward pressure as US tariff fears intensify, Eurozone inflation slows, and expectations rise for ECB rate cuts.
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Despite short-term volatility, the euro remains in an uptrend, with traders watching the 1.07 level and US economic signals for the next move.
EUR/USD holds above key support as traders eye a break toward 1.09, with upcoming US tariffs and economic data likely to shape the pair’s next major move.
EUR/USD remains under bearish pressure below 1.0800 ahead of key US jobs data, with technical and fundamental signals pointing to further downside risk.
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EUR/USD rebounded sharply on Thursday, signaling underlying strength as it tests the 1.08 level, driven by rising German yields and easing tariff fears.
The EUR/USD pair is searching for support near the 1.08 level, with recent indecision pointing to potential consolidation or a breakdown toward 1.07.
The EUR/USD pair has broken below key support at 1.0800, with bears targeting 1.0760 amid tariff concerns and weak US confidence data.