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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Investors continue to cautiously monitor economic and trade developments, awaiting a new wave of corporate earnings. Recently, market sentiment improved after
The euro spiked and retraced on Wednesday amid Trump-Powell rumors, with EUR/USD now stabilizing around the key 1.16 support zone.
The EUR/USD pair begins a bearish phase below 1.1600 amid fading Fed rate cut hopes, setting up a move toward 1.1450 unless strong Eurozone data intervenes.
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The euro plunged to the 1.16 support zone after softer-than-expected US CPI data cast doubt on imminent Fed rate cuts, sparking a sharp market repricing.
EUR/USD remains under pressure near 1.1667 as markets brace for US CPI data and German ZEW sentiment, with technical signals pointing to a potential drop toward 1.16.
EUR/USD begins the week on a bearish note, breaking below 1.1660 as trade tensions and ECB policy divergence weigh on sentiment, with 1.1580 as next key level.
The euro slipped slightly on Thursday, with traders watching key support at 1.16 and resistance at 1.18 as the broader uptrend remains intact.
EUR/USD slipped modestly on Wednesday, but the broader uptrend remains intact above 1.16, with traders watching the 50-day EMA for directional clues.
USD/JPY rallied toward ¥147 before reversing as markets weigh BOJ intervention and rate differentials, with bullish momentum building toward ¥148 breakout.
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The EUR/USD holds above 1.1700 as traders digest US tariff headlines and await Fed minutes, with key resistance at 1.1820 and psychological interest near 1.2000.
The EUR/USD pair bounced from recent lows amid delayed US tariffs and EU trade negotiations, with bulls targeting 1.2000 if 1.1810 resistance breaks.
The euro declined on Monday amid profit-taking and rising global uncertainty from new U.S. tariff threats, with key support at 1.16 now in focus.
By the end of last week's trading, the EUR/USD exchange rate sharply declined to just below 1.1720 as a direct reaction to U.S. jobs data, before recovering
The Euro slid against the US dollar after hotter-than-expected NFP data, with markets now reassessing rate cut expectations and watching key levels at 1.16 and 1.1850.
EUR/USD remains strong near 1.18 ahead of U.S. jobs data, but ECB commentary and overbought indicators suggest caution as the pair eyes the 1.2000 barrier.