The EUR/USD price will remain in a narrow range pending the market and investor reaction to the US Federal Reserve announcement this week.
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.
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Technical Analysis
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.
Technical Analysis
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.
Technical Analysis
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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.
Technical Analysis
The euro bounced from key support at 1.1550 on Wednesday but remains in a bearish trend, with traders eyeing short-term rallies as selling opportunities.
Technical Analysis
EUR/USD remains under pressure as risk-off mood lifts the dollar. Momentum signals point lower and sellers stay in control. A sustained rebound likely needs a shift in risk sentiment plus supportive central-bank signals.
Technical Analysis
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The euro dipped further against the US dollar on Tuesday, with rising US bond demand pushing the greenback higher and exposing EUR/USD to potential declines toward the 1.14 level.
Technical Analysis
The EUR/USD pair is correcting near key support zones around 1.1600, with Fibonacci levels and technical indicators pointing to a potential bullish rebound if support holds.
Technical Analysis
The euro remains under pressure after rejecting key technical resistance, with concerns over global growth and a stronger U.S. dollar weighing on EUR/USD sentiment.
Technical Analysis
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EUR/USD is showing signs of a bullish reversal, buoyed by a weaker USD, Fed rate cut expectations, and stabilizing political sentiment in Europe.
Technical Analysis
The euro reversed early gains on Friday, reinforcing bearish momentum as the pair faces pressure below 1.17 and eyes key support near 1.16.
Technical Analysis
The euro continues to struggle against key resistance levels as dollar strength holds firm, putting downside targets like 1.1550 and 1.14 back into focus.
Technical Analysis
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The EUR/USD is testing key resistance after forming a potential double bottom, but weak bullish momentum and strong overhead resistance keep bears in control for now.
Technical Analysis
The euro showed slight recovery against the US dollar, but remains vulnerable below key resistance, with a break under 1.1550 likely to accelerate selling.
Technical Analysis
The euro continued to show weakness against the US dollar on Tuesday, with key support at 1.1550 in focus as bearish momentum builds below 1.16.
Technical Analysis