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
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.
USD/JPY rallied toward ¥147 before reversing as markets weigh BOJ intervention and rate differentials, with bullish momentum building toward ¥148 breakout.
The EUR/USD holds above 1.1700 as traders digest US tariff headlines and await Fed minutes, with key resistance at 1.1820 and psychological interest near 1.2000.
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The EUR/USD pair bounced from recent lows amid delayed US tariffs and EU trade negotiations, with bulls targeting 1.2000 if 1.1810 resistance breaks.
The euro declined on Monday amid profit-taking and rising global uncertainty from new U.S. tariff threats, with key support at 1.16 now in focus.
By the end of last week's trading, the EUR/USD exchange rate sharply declined to just below 1.1720 as a direct reaction to U.S. jobs data, before recovering
The Euro slid against the US dollar after hotter-than-expected NFP data, with markets now reassessing rate cut expectations and watching key levels at 1.16 and 1.1850.
EUR/USD remains strong near 1.18 ahead of U.S. jobs data, but ECB commentary and overbought indicators suggest caution as the pair eyes the 1.2000 barrier.
The euro showed renewed strength on Wednesday amid U.S. data confusion, with traders eyeing 1.16 as key support ahead of Thursday’s NFP-driven volatility.
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The euro continues to surge against the dollar, supported by ECB signals and dollar weakness, with 1.20 in sight as overbought conditions set the stage for key data.
The euro gave up early gains as stronger U.S. labor data challenged dovish Fed bets, putting 1.16 support in focus ahead of more jobs data this week.
EUR/USD continues to trade near multi-year highs above 1.1780, supported by dollar weakness and ECB stability, with key inflation data and central bank speeches ahead.
The EUR/USD pair continues its bullish climb toward 1.18, supported by dollar weakness and rate cut expectations, though traders eye potential pullbacks near 1.16.
EUR/USD remains bullish near a multi-year high, supported by a weak US dollar and Fed speculation, though overbought conditions may limit short-term gains.
EUR/USD remains strongly bullish near 3.5-year highs, but technical indicators and upcoming US economic data hint at a possible short-term correction.