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 exhibited a back-and-forth pattern during Thursday's trading session, with its focus honed on the 200-Day EMA, and indicator that people sometimes pay close attention to.
EUR/USD analysis: Dips amid USD strength, ECB rate cut expectations; key US, EU data in focus
In Wednesday's trading session, the euro experienced a downward shift, touching the crucial 50-Day Exponential Moving Average (EMA) and dipping below the 1.08 level.
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EUR/USD dips to 1.0790 in 5-session correction, eyes on US job data and ECB's potential rate cut. Key levels: 1.0720 support, 1.1000 resistance
The EUR/USD experienced a slight downturn in Tuesday's trading session, encountering considerable volatility around the 1.08 level.
In the early hours of Monday, the euro exhibited a slight negative trend, yet it continues to find substantial support just below its current levels.
EUR/USD sees volatility, touching 3-month high before retreating. US job numbers & ECB rate cut prospects key. Analysts weigh in on short-term outlook
Euro (EUR) weakens as Eurozone inflation data fuels expectations of ECB rate cuts. EUR/USD analysis and outlook for the coming days
The euro exhibited a back-and-forth pattern during Friday's trading session, reflecting the persistently turbulent market conditions.
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The EUR/USD initially made an attempt to rally during Thursday's trading session, only to make an about-face and exhibit signs of negativity.
The EUR/USD embarked on a choppy move during Wednesday's trading session, grappling with the formidable 1.10 level overhead.
Analysis of GBP/USD's surge past 1.27 resistance, driven by US dollar sell-off and Fed policy shifts. Insights into pound's status and market forecasts
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Analysis of EUR/USD ahead of Eurozone inflation data and its impact on ECB policy, featuring US economic trends and future Eurozone outlook
Explore the EUR/USD pair's bullish momentum as it breaks the 1.1000 barrier, with potential for further gains amid US economic data and central bank moves.
During Tuesday's trading session, the euro initially experienced a decline but subsequently demonstrated a resurgence, indicating a potential buildup of momentum.