EUR/USD is pressing the 1.18 barrier, with markets cautious ahead of the Fed but bulls eyeing a possible breakout toward 1.20.
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.
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The EUR/USD pair is testing key resistance near 1.1785, with bullish momentum suggesting a possible run toward the psychological 1.20 level if the Fed confirms further rate cuts.
The euro tests the 1.18 ceiling within its 1.16–1.18 range, with Fed policy set to determine whether EUR/USD breaks higher or stays range-bound.
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EUR/USD remains rangebound between 1.16–1.18, with cautious sentiment ahead of the Fed’s rate cut decision and euro risks heightened by France’s downgrade.
The euro eases against the US dollar, trading in a tight 1.16–1.18 range as markets await clarity from the Federal Reserve and ECB.
EUR/USD stays rangebound between 1.16 and 1.18 after the ECB’s rate hold, with traders awaiting the Fed’s decision for the next breakout signal.
EUR/USD remains neutral near 1.1690 as traders await the ECB decision and US CPI release, with 1.1580 support and 1.1800 resistance defining key levels.
EUR/USD remains rangebound between 1.16 and 1.18 as traders await Thursday’s ECB decision for direction.
EUR/USD is holding above 1.1700 inside an ascending channel, with U.S. CPI and ECB policy updates set to determine whether bulls can push toward 1.1810 and beyond.
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The euro failed for the third time at the 1.18 resistance barrier, keeping EUR/USD stuck in its 1.16–1.18 range as traders await key ECB and Fed updates.
EUR/USD remains bullish above 1.17 as traders eye ECB policy and US inflation data, though resistance at 1.1780–1.1860 could trigger a pullback.
The euro edged higher Monday but stayed locked in its 1.16–1.18 range, with ECB and Fed policy decisions set to drive the next breakout.
EUR/USD surged to a five-week high near 1.1750 as weak US jobs data fueled Fed cut bets, with ECB stability supporting a bullish bias toward 1.1830.
The euro rallied Friday after weak US jobs data boosted Fed rate-cut bets, with 1.18 as key resistance and 1.16–1.14 as major support levels.
EUR/USD hovers around 1.16 support within consolidation, with a break below targeting 1.14 and a move above 1.18 opening the path toward 1.20.
