EUR/USD remains rangebound between 1.16 and 1.18 as traders await Thursday’s ECB decision for direction.
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 is holding above 1.1700 inside an ascending channel, with U.S. CPI and ECB policy updates set to determine whether bulls can push toward 1.1810 and beyond.
The euro failed for the third time at the 1.18 resistance barrier, keeping EUR/USD stuck in its 1.16–1.18 range as traders await key ECB and Fed updates.
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EUR/USD remains bullish above 1.17 as traders eye ECB policy and US inflation data, though resistance at 1.1780–1.1860 could trigger a pullback.
The euro edged higher Monday but stayed locked in its 1.16–1.18 range, with ECB and Fed policy decisions set to drive the next breakout.
EUR/USD surged to a five-week high near 1.1750 as weak US jobs data fueled Fed cut bets, with ECB stability supporting a bullish bias toward 1.1830.
The euro rallied Friday after weak US jobs data boosted Fed rate-cut bets, with 1.18 as key resistance and 1.16–1.14 as major support levels.
EUR/USD hovers around 1.16 support within consolidation, with a break below targeting 1.14 and a move above 1.18 opening the path toward 1.20.
EUR/USD holds near 1.1660 in a neutral range, with 1.1600 as key support and 1.1770–1.1830 resistance in focus ahead of critical US jobs data.
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EUR/USD rallied midweek but remains stuck between 1.16 support and 1.18 resistance as traders await direction from Friday’s NFP report.
EUR/USD remains under selling pressure near 1.1600 as rising European bond yields and risk-off sentiment strengthen the US dollar.
The euro fell back to key support near 1.16 as EUR/USD remains range-bound ahead of US jobs data and the Fed’s September policy statement.
EUR/USD trades with a bullish bias near resistance, as traders watch Eurozone inflation data and US PMI for signals on whether the pair can break above 1.1735 toward 1.1830.
The euro pulled back after an early rally on Monday, with price action trapped between 1.16 and 1.18 as traders await clarity on Fed rate cuts and global risk appetite.
The EUR/USD rebounded higher, attempting to break resistance at 1.1700, supported by U.S. inflation data and tensions between Trump and Federal Reserve officials.
