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
Bulls are trying to maintain the EUR/USD exchange rate stable around and above the 1.0500 resistance, aided by hopes for a quick resolution to the German
EUR/USD faces resistance below 1.0500 as investor risk aversion strengthens the US dollar, with traders eyeing German elections and key US data releases.
EUR/USD fell from strong resistance at 1.05, with the pair remaining in consolidation as traders monitor interest rate differentials and risk sentiment.
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EUR/USD climbed toward 1.05, testing key resistance amid shifting US interest rate expectations and hopes for a milder trade conflict.
The EUR/USD pair struggles below 1.0515 resistance as bearish pressure builds, driven by Fed policy uncertainty and geopolitical risks, with support at 1.0370 in focus.
EUR/USD retreats from 1.05 resistance as the US dollar strengthens, with traders watching for a potential breakdown below the 50-day EMA.
For two consecutive days, the EUR/USD currency pair has resumed trading within the broader downward trend, stabilizing around the support level of 1.0452
EUR/USD tests 1.0515 resistance but remains bearish, with traders watching key levels and US-EU economic data for the next market move.
The Euro rallies toward 1.05 and tests the 50-Day EMA, but resistance near 1.06 and persistent long-term weakness suggest fading rallies remains the strategy.
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EUR/USD upward attempts remain limited near 1.0430 as US inflation data supports dollar strength, with bearish momentum aiming for parity.
EUR/USD remains bearish near 1.0359, with US inflation data and EU-US trade tensions shaping the outlook; parity looms if downward momentum persists.
EUR/USD rallies on Tuesday but remains bearish below key resistance levels, with 1.03 acting as support and the 1.06 level critical for any sustained upside.
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The euro gaps lower, facing resistance at 1.05, as trade tensions and weak fundamentals keep EUR/USD in a downtrend, with parity as a likely target.
EUR/USD struggles below 1.0305 support as strong US labor data and Fed policies pressure the euro, with parity increasingly in focus amid bearish sentiment.