The euro remains under pressure, facing resistance near 1.06 and risking a move to parity amid economic struggles and US dollar strength.
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.
Advertisement
Most Recent
Technical Analysis
Technical Analysis
EUR/USD stays bearish near 1.0400, with the US dollar's strength and Eurozone concerns driving the pair closer to parity.
Technical Analysis
The Euro consolidates near 1.04, facing resistance at 1.06 and potential breakdown toward parity, with fading rallies remaining the dominant trend.
Technical Analysis
Top Forex Brokers
The Euro sees a modest bounce but faces strong resistance at 1.06, as political instability and economic slowdown in the EU favor continued bearish pressure.
Technical Analysis
EUR/USD continues its bearish trend, stabilizing near 1.0400 support with parity in sight, fueled by US dollar strength and Eurozone economic challenges.
Technical Analysis
The euro continues to weaken, nearing 1.03 support as dollar strength dominates, driven by rising US rates and economic and political instability in Europe.
Technical Analysis
Advertisement
In the shortened trading week due to Christmas holidays, the performance of the Euro is likely to remain under pressure against the US Dollar.
Technical Analysis
During my daily analysis of major currency pairs, the EUR/USD pair has pulled back just a bit to show signs of hesitation.
Technical Analysis
Valid long-term bearish trend but likely to range today between $1.0377 and $1.0422.
Technical Analysis
Bonuses & Promotions
EUR/USD remains bearish near two-year lows, with economic turmoil, ECB rate cuts, and US shutdown fears signaling further downside potential.
Technical Analysis
EUR/USD gives up Thursday's gains, with structural EU issues and a strong US dollar driving the pair closer to parity while traders sell short-term rallies.
Technical Analysis
EUR/USD hits a two-year low at 1.0343, with political instability and weak Eurozone data fueling parity concerns amid Fed-driven dollar strength.
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address
The euro hovers near 1.05, pressured by EU political instability, with traders eyeing potential shorts on rallies as the FOMC decision looms.
Technical Analysis
EUR/USD stabilizes below 1.05, reflecting bearish momentum driven by Eurozone economic uncertainty and anticipation of the Fed's policy decision.
Technical Analysis
In my daily analysis of the EUR/USD pair, I see the same thing that I have seen for several days: the EUR/USD simply grinding sideways.
Technical Analysis