EUR/USD continues trading in a bearish structure, with a short-term pullback likely facing strong resistance near 1.1600, aligned with key Fibonacci levels.
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 continued its slide below 1.1500, with bearish momentum intact and technical indicators nearing oversold levels ahead of key Eurozone and US data.
The EUR/USD pair remains under pressure, with the 1.14 level in focus as RSI and EMA indicators signal bearish momentum and limited upside.
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The euro hovered near 1.15 on Monday, facing strong resistance as downside targets at 1.14 and 1.11 come into focus amid persistent bearish momentum.
The Euro remains under pressure against the US dollar, with technical breakdowns and persistent dollar strength pointing toward further downside.
The euro experienced heightened volatility on Thursday following the ECB rate decision and FOMC fallout. Despite fluctuations, EUR/USD remains range-bound between 1.1550 and 1.17.
The EUR/USD pair is showing renewed bearish momentum after failing to hold above 1.1600, pressured by a stronger U.S. dollar and cautious Fed outlook.
EUR/USD remains stable near 1.1650, trading within a multi-month range as traders await direction from the Fed and ECB policy announcements later this week.
EUR/USD is slightly bullish but remains capped by the 50-day EMA, with major resistance at 1.17 and volatility expected around the Fed and ECB rate decisions.
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As expected, the EUR/USD price has remained within narrow ranges at the start of this week's trading, pending the market and investor reaction to the policy announcements from both the US Federal Reserve (Fed) and the European Central Bank (ECB).
The euro posted a quiet rise on Monday, hovering near the 50-day EMA as traders await guidance from the Fed and ECB amid sustained US dollar strength.
The EUR/USD price will remain in a narrow range pending the market and investor reaction to the US Federal Reserve announcement this week.
The euro ticked slightly higher on Friday but remains weak overall, with resistance near 1.17 and a potential drop to 1.14 if support at 1.1550 breaks.
The euro remained flat on Thursday, consolidating below key technical levels, with a break under 1.1550 potentially opening the door to deeper losses toward 1.14.
EUR/USD remains under bearish pressure as traders await US inflation data, with support at 1.1570 and resistance near 1.1730 potentially shaping the next move.
