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 gave up much of its gains in January in recent trades and is likely to risk a pullback towards support 1.05 this week.
The EUR/USD bounced a bit during the trading session on Monday as we continue to see the 50-Day EMA influence the market.
The EUR/USD exchange rate moved away from its 10-month highs last week with losses extending to the 1.0670 support level.
Top Forex Brokers
The EUR/USD has fallen a bit during the trading session on Friday, as we are hanging around the 50-Day EMA.
The EUR/USD tried to rally during the trading session on Thursday, breaking above the highs of the last couple of sessions.
There is little change in the performance of the euro currency pair against the US dollar EUR/USD amid a week of quiet trading dominated by the bears.
The EUR/USD currency pair initially tried to rally on Wednesday, but came back gains as we got to the top of the previous trading sessions range.
The price of the euro currency pair against the US dollar EUR/USD has been moving along the same path as last week's closing trades since the start of trades this week.
The EUR/USD exchange rate turned away from 10-month highs last week, leaving expectations hanging in the balance which means it may be lucky if it manages to avoid further declines over the coming days.
Bonuses & Promotions
The US dollar has been strong against almost everything during the trading session on Monday, which is a continuation of what we have seen since last Thursday.
Throughout last week's trades, the bulls were controlling the performance of the euro currency pair against the US dollar EUR/USD.
The EUR/USD currency pair initially tried to rally, but then got absolutely slammed as the jobs number in the US came out much stronger than anticipated.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
The EUR/USD has pulled back ever so slightly during the trading session on Thursday as we are getting close to the non-Farm Payroll announcement on Friday.
As expected, the American central bank slowed down the rate of raising the American interest rate, as inflation in the country showed a decline
The Euro is trying to break out against the US dollar as we wait for the FOMC announcement and of course the press conference that comes afterwards.