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.
Most Recent
The EUR/USD gains stopped at the resistance level 1.2080, the highest level in 3 months, before it went back to 1.2000 at the time of writing.
The EUR/USD is settling on top of the psychologically important resistance level at 1.2000 before the release of the minutes of the latest Federal Reserve meeting
The EUR/USD moved again through the resistant at 1.1900 with continued pressure at the greenback, as the US Index tested the 92.96 DXY level
The EUR/USD pair has been volatile over the course of the last 6 months or so, but the one thing that you cannot deny is that we’ve seen a lot of bullish pressure.
There are a lot of factors that are unknown currently for EUR/USD pair, making this prediction one of the most difficult.
For us, this is going to be the market to pay attention to in the month of December, and probably January 2018 as well.
The EUR/USD pair has recently broken down below a head and shoulders pattern on the daily chart, which had a neckline near the 1.17 level.
The EUR/USD pair has been extraordinarily strong over the last several weeks, and even when as high as the 1.20 level.
The EUR/USD pair has had a very strong month of May, reaching above the 1.12 handle.
Bonuses & Promotions
The EUR/USD pair has had a rough couple of weeks, but we are starting to find support underneath the 1.05 level.
The Euro has been range bound for the last couple of years. While it has been a very rocky and tumultuous road, the reality is that we have been trading between 1.05 and 1.15 for almost 2 years now. Find out what's in store for this unpredictable pair for the new year ahead.
The EUR/USD pair has been fairly quiet towards the end of the year, as we continue to hover above the 1.05 level. Get our Q1 2017 forecast for the EUR/USD pair here.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The EUR/USD pair was very choppy over the last couple of weeks during the month of November, and as a result I think that the 1.05 level below is going to continue to attract attention.
The EUR/USD pair has been going higher recently, mainly due to the presidential polls in the United States tightening up.
Over the last couple of weeks, the EUR/USD pair has done almost nothing. I think that will probably continue to be the way going forward, and the only thing that I would say about this pair for the month of October is the need to pay attention to the 3 lines I have drawn on this chart.