The EUR/USD pair extended losses to a 1-month low near 1.1400 as robust US economic data and the Fed's hawkish tone weighed on the euro, reinforcing a bearish trend.
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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 Euro remains under pressure ahead of the FOMC, with traders watching key support levels and Powell's comments for clues on future USD direction.
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EUR/USD remains under bearish pressure as traders await critical economic data and the Fed decision, with key support at 1.1500 likely to influence the next move.
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The euro plunged to the critical 1.15 support zone on Tuesday as traders await the FOMC decision, with a potential breakout signaling a major directional move.
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The euro dropped sharply after the US-EU trade deal, with EUR/USD testing critical support near 1.15 and facing heavy resistance at 1.18.
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EUR/USD retreated to 1.1670 amid renewed dollar strength following the US-EU trade deal, with traders cautious ahead of key US economic data and the Fed decision.
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The euro edged lower on Friday, hinting at a possible double top near 1.18, while traders eye critical support between 1.15 and 1.16 for direction cues.
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The Euro remained rangebound after the ECB held interest rates, with traders watching key levels at 1.18 and 1.15 for clues on future direction.
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The EUR/USD pair extended its bullish momentum toward 1.1785 on July 24, supported by investor optimism over trade progress and anticipation of a critical ECB policy announcement.
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The EUR/USD continues its gradual bullish climb, with solid support between 1.15–1.16 and upside targets at 1.18 and beyond, though momentum remains slow.
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The EUR/USD pair shows strong bullish momentum, supported by technical indicators and market optimism ahead of the ECB decision and amid US dollar weakness.
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The euro continues to climb against the US dollar, testing the 1.17 resistance as bullish momentum and a weakening greenback support a potential move toward 1.20.
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EUR/USD climbs back toward 1.1700 as traders await Jerome Powell’s statement and assess ECB policy signals amid looming EU-US tariff uncertainty.
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The Euro continues to recover against the USD, holding above 1.16 as buyers defend the support zone with potential upside toward 1.1850 amid ongoing Fed and trade policy scrutiny.
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EUR/USD remains under bearish pressure within a counter-trend channel, with technical indicators suggesting potential for further downside toward 1.1440 as market sentiment dominates.
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