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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EUR/USD remains in an uptrend but faces resistance at 1.10 as traders assess Fed policy, inflation risks, and Eurozone stimulus impact.
The EUR/USD pair remains strong near 1.0955 as traders eye Eurozone inflation data and the Fed’s policy decision, with a breakout above 1.1000 signaling further upside potential.
The Euro flirts with a breakout above 1.0950, but volatility looms ahead of the FOMC meeting, with potential moves toward 1.12 or a sharp decline below 1.08.
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The EUR/USD pair hovers near 1.0930, fueled by German stimulus optimism and US economic slowdown concerns, with traders awaiting the Fed’s policy announcement.
EUR/USD climbs above 1.09, supported by rising German yields, but traders await the FOMC meeting for potential market-shifting signals.
EUR/USD continues its upward trend, supported by German stimulus and shifting market sentiment, with traders eyeing the 1.10 resistance ahead of the Fed’s decision.
EUR/USD pushes against 1.09 resistance, with technical and economic factors favoring short-term gains, though long-term risks remain.
The EUR/USD continues its bullish trend, supported by weak U.S. economic data and geopolitical developments, though caution is warranted near key resistance at 1.1000.
The EUR/USD pair experiences volatility as falling U.S. yields and rising German bond rates support the euro, though economic uncertainty may trigger reversals.
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The EUR/USD continues its bullish momentum, reaching 1.0947 as eurozone stimulus boosts the euro while US growth concerns weigh on the dollar, with traders eyeing the 1.1000 resistance level.
The euro maintains its upward momentum against the US dollar, driven by rising German yields, though overbought conditions signal a potential pullback toward key support at 1.08.
EUR/USD remains neutral after strong gains, with overbought signals and upcoming US inflation data likely to determine its next move.
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The EUR/USD pair continues its bullish momentum, reaching a 4-month high amid US dollar weakness driven by Trump's tariffs and economic uncertainty.
The euro continues to gain against the US dollar, driven by rising German bond yields, though overbought conditions hint at a possible short-term pullback.
The EUR/USD pulls back from overbought levels near 1.08, with traders watching key support ahead of the US non-farm payroll report and shifting rate expectations.