EUR/USD remains bullish above key support at 1.1470. All eyes on today’s Fed announcement and Eurozone inflation figures to determine next move.
Technical Analysis
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 continues upward momentum near key resistance, supported by bullish indicators. Traders eye Fed policy and US inflation data for next moves.
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The euro eased against the US dollar after hitting 1.1632, its highest in over 3 years. Geopolitical tensions and a busy central bank week may drive volatility.
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The Euro gains on dovish Fed expectations and resilient EU data. EUR/USD challenges $1.15 with bulls aiming for 1.1575 as key resistance.
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EUR/USD climbs after softer inflation data, testing resistance at 1.1570. A breakout may lead to 1.1750, while support rests near 1.13 and 1.12.
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The euro remains strong above 1.1400 ahead of US CPI data. Technicals support bullish continuation. Goldman Sachs raises long-term EUR/USD target to 1.25.
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Euro rebounds after dip but remains rangebound as CPI and Fed policy direction loom. See key levels and expectations for EUR/USD price action.
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EUR/USD remains bullish above 1.1375 while awaiting key US CPI data and trade talk outcomes, with possible pullbacks to 1.13 seen as buying opportunities.
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The euro rallied early against the US dollar but now shows signs of exhaustion near 1.15, suggesting likely sideways movement unless key levels at 1.12 or 1.15 break.
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EUR/USD remains in a bullish trend, supported by the 200-hour MA and upbeat technicals, as traders await trade talks and US inflation data for the next move.
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The EUR/USD pair faces pressure below key resistance as traders await ECB's rate decision, with inflation data and political tensions weighing on sentiment.
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The euro faces selling pressure ahead of the ECB decision, weighed down by soft inflation data, Dutch political instability, and intensifying global trade tensions.
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The euro struggled to maintain upward momentum on Tuesday, falling back into a well-defined range as traders eye potential breakdown risks below 1.12.
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The EUR/USD pair rose on escalating US tariff risks but faces strong resistance as traders await pivotal data from the ECB and US jobs report for further cues.
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The euro rallied on Monday following weak US manufacturing data but hit resistance near the top of its multi-month range as traders assess recession risks.
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