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 experienced a pullback during Wednesday's trading session, although there is still a lot of market noise around the 1.09 level, which is a significant psychological area that has seen a lot of recent activity.
For the second day in a row, the price of the euro currency pair against the US dollar, EUR/USD, is trying to compensate for its recent losses.
EUR/USD ran aground after a one-month rally and may now consolidate its recent gains this week, but with potential buyers already lining up the decline.
The EUR/USD has fallen below the 1.10 level during Monday's trading session, and the market continues to see a lot of noise.
The EUR/USD exchange rate got rid of some of its previous gains in the last session of last week's trading, when the decline in US retail sales was followed
The EUR/USD attempted to rally during Friday's trading session, but it seems to have lost some of its strength.
The EUR/USD rallied during Thursday's trading session, as the market is trying to fend off any potential US dollar strength.
Weak US inflation readings helped the bulls push the EUR/USD price towards the psychological resistance level of 1.1000
The euro has been struggling to gain momentum and rally in the markets, facing a lot of resistance just above the 1.10 level.
Bonuses & Promotions
The Euro started out strong during the trading session on Tuesday, reaching the 1.09 level, which is an area of significant resistance.
The beginning of this week’s trading was in favor of completing the selling operations that the EUR/USD currency pair was exposed to since the middle of last week’s trading.
The Euro struggled to maintain momentum during Monday's trading session, falling back below the 1.09 level due to significant overhead resistance.
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Sign up to get the latest market updates and free signals directly to your inbox.At the beginning of last week's trading, the EUR/USD exchange rate slowly made a strong comeback after moving below the parity rate in 2022.
The Euro was relatively quiet on Friday, remaining at an extreme level.
The EUR/USD recent trading activity has been somewhat subdued, with the markets showing a willingness to sit within a particular range.