The rebound gains for the EUR/USD did not exceed the resistance level of 1.0616 before it closed the week’s trading stable around the 1.0594 level.
Technical Analysis
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.
Advertisement
Most Recent
Technical Analysis
Technical Analysis
In Friday's trading session, the EUR/USD experienced a slight retreat, only to rebound and display signs of renewed momentum.
Technical Analysis
The EUR/USD showed a slight rally during Thursday's trading session, but the market remains turbulent.
Technical Analysis
Top Forex Brokers
Geopolitical tensions in the Middle East region are still negatively affecting the performance of the price of the EUR/USD currency pair today.
Technical Analysis
During the Wednesday session, the euro showed signs of initial strength but subsequently retraced, reflecting the prevailing downward pressure in the market.
Technical Analysis
The EUR/USD had an eventful trading session on Tuesday, initially stumbling but then staging a modest recovery.
Technical Analysis
Advertisement
October 18, 2023, Analysis euro price against the dollar EUR/USD.
Technical Analysis
The exchange rate of the euro currency pair against the US dollar stabilized under downward pressure, stable around the support level of 1.0500.
Technical Analysis
The EUR/USD, the common currency of the European Union, witnessed a fluctuating start to the trading week, with a key level at 1.05 holding significant importance for traders.
Technical Analysis
Bonuses & Promotions
The US dollar resumed its gains against other major currencies as investors flocked to buy it as a safe haven.
Technical Analysis
In Thursday's trading session, the euro experienced a significant decline in response to higher-than-anticipated CPI numbers.
Technical Analysis
Since the start of this week's trading, the overall performance of the price of the currency pair EUR/USD has been in attempts to move upward.
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address
The euro dollar currency pair experienced a sudden surge on Wednesday, only to give back some of its gains as the PPI numbers delivered a surprise.
Technical Analysis
The price of the EUR/USD currency pair is still trying to rebound higher, but its gains did not exceed the resistance level of 1.0620.
Technical Analysis
At the beginning of this week's trading, investors returned to buying the US dollar again as a safe haven amid the successive tensions in the world emanating from the oil-rich Middle East region.
Technical Analysis