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 has gained strength for the fifth consecutive week reaching 1.3811, an all time high in the last 6 weeks. The pair ended the week with a slight decline; closing at 1.3736.
The NFP was released on Friday, showing that the US added more jobs than expected in November; rushing the EUR to a 5 week high against the USD. The pair reached a high of 1.3721 and closed at 1.3705.
The EUR/JPY pair has been on fire lately. Because of this, I certainly cannot advocate selling it at all, and as a result I won’t even entertain a short position – no matter how parabolic the market gets.
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Be prepared for the upcoming month of December with this forecast of the EUR/USD pair.
Check out the EUR/USD forecast for the upcoming November 2013 month.
The EUR/JPY pair is Chris's favorite pair to trade. Find out why in this forecast for the upcoming month of October here.
What is in store for the EUR/USD pair for the month of October? Check out the Forex forecast here and be prepared for the upcoming month.
Forecasting an entire month in advance can be tricky, as it is really too short a period to apply fundamental analysis, but long enough for plenty of unforeseen events to happen that can blow any technical prediction off course.
Check out this EUR/USD Forex forecast for the second quarter here as it is fast approaching. The experts at DailyForex.com have all the information you need to be prepared.
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Check out the first quarter for 2013 forecast for one of the most popular Forex trading pairs, the EUR/USD here and see what may be in store for these two currencies.
If we take a technical look at the weekly EUR/USD chart using Ichimoku averages, we still notice a negative bias expecting a drop in the trend due to several reasons. Find out what they are and get this week's signal here.
The EUR/GBP appears to be caught up in a fib war. On the monthly chart it has fallen from the 61.8 fib from its recent swing down, but on the weekly it has bounced off the 50.0 fib of its recent move up.
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Sign up to get the latest market updates and free signals directly to your inbox.The EUR/JPY continues to look bearish. Looking at the monthly chart price is riding the 5 ema after a recent fib from the break of the illustrated trend line.
The EUR/USD made an all time high July 1, 2008, then it tanked. Ever since that time it has succeed to make a lower low and two lower highs.