The euro fell back to key support near 1.16 as EUR/USD remains range-bound ahead of US jobs data and the Fed’s September policy statement.
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 trades with a bullish bias near resistance, as traders watch Eurozone inflation data and US PMI for signals on whether the pair can break above 1.1735 toward 1.1830.
The euro pulled back after an early rally on Monday, with price action trapped between 1.16 and 1.18 as traders await clarity on Fed rate cuts and global risk appetite.
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The EUR/USD rebounded higher, attempting to break resistance at 1.1700, supported by U.S. inflation data and tensions between Trump and Federal Reserve officials.
The euro slipped against the dollar, struggling under 1.18 resistance while 1.16 support and Fed rate cut speculation define the next move.
EUR/USD rallied on Thursday but continues to trade in consolidation, with 1.16 as support and 1.18 as resistance as traders await Fed policy clarity.
EUR/USD trades sideways with a bearish tilt as Fed independence concerns and political uncertainty weigh, with key support at 1.1560 and resistance at 1.1680–1.1770.
EUR/USD holds near 1.1610 as Trump’s firing of Fed Governor Cook raises doubts about Fed independence, with support at 1.1570 and resistance at 1.1680.
EUR/USD pulled back on Monday, holding within the 1.16–1.18 range as traders await clarity from the Federal Reserve’s September meeting.
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EUR/USD is rebounding near 1.1720 after Powell’s dovish Jackson Hole speech, with bulls targeting 1.1830 and possibly 1.20 if momentum strengthens.
EUR/USD consolidates near 1.1625 with a bearish bias, as traders await Eurozone PMI data and Powell’s Jackson Hole remarks for direction.
The euro is holding above 1.16 support, with traders awaiting Powell’s Jackson Hole speech as EUR/USD remains range-bound between 1.14 and 1.18.
The euro is attempting a recovery near 1.16, with Fed policy signals and Jackson Hole remarks set to drive the next move in EUR/USD.
The euro trades with an upward bias above 1.1660, with peace talks and Powell’s Jackson Hole speech likely to shape direction toward the 1.1800 level.
The euro slips toward 1.16 against the dollar, with traders eyeing 1.14 support and 1.18 resistance as rangebound conditions dominate summer trading.
