For four trading sessions in a row, the price of the EUR/USD currency pair is settling around its recent losses extending towards the 1.0470 support level, the lowest in five years.
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
The euro initially gapped higher to kick off the Monday session but has given back all of the gains to slam into the 1.05 level again.
Technical Analysis
Amid the continuation of record bearish pressure for the EUR/USD currency pair, investors and markets in general are preparing for an important and historic trading week.
Technical Analysis
Top Forex Brokers
Euro trading was rather negative over the last couple of weeks but turned around on Friday to show signs of life at the 1.05 level.
Technical Analysis
The Euro has had a very rough month of April, and the way we are closing out the month suggests that we may have further negativity ahead.
Technical Analysis
The Euro has fallen a bit during the trading session on Thursday to Pierce below the 1.05 level.
Technical Analysis
Advertisement
The downward trend of the EUR/USD currency pair is continuing
Technical Analysis
The euro fell rather hard on Wednesday to reach the 1.05 area.
Technical Analysis
Amid continuing weakness factors, the downward trend of the EUR/USD currency pair continues.
Technical Analysis
Bonuses & Promotions
The euro fell rather hard on Tuesday as we are now approaching the 1.06 handle.
Technical Analysis
Investors’ appetite for buying the US dollar increased amid sharp statements from Federal Reserve policy officials that it will be hawkish in raising US interest rates throughout 2022.
Technical Analysis
The euro finally broken through support on Monday as the 1.08 region has been very stubborn.
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
Investors’ reaction to the future of raising interest rates increased during the year last week, as the European Central Bank finally indicated the imminent date of tightening its policy to face the hyperinflation
Technical Analysis
The euro fell a bit on Friday after initially trying to rally but then broke down to reach below the 1.08 level again.
Technical Analysis
The Euro initially tried to rally during the trading session on Thursday but gave back all of the gains to form a less than stellar candlestick.
Technical Analysis