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
EUR/USD rallied on Thursday but continues to trade in consolidation, with 1.16 as support and 1.18 as resistance as traders await Fed policy clarity.
EUR/USD trades sideways with a bearish tilt as Fed independence concerns and political uncertainty weigh, with key support at 1.1560 and resistance at 1.1680–1.1770.
EUR/USD holds near 1.1610 as Trump’s firing of Fed Governor Cook raises doubts about Fed independence, with support at 1.1570 and resistance at 1.1680.
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EUR/USD pulled back on Monday, holding within the 1.16–1.18 range as traders await clarity from the Federal Reserve’s September meeting.
EUR/USD is rebounding near 1.1720 after Powell’s dovish Jackson Hole speech, with bulls targeting 1.1830 and possibly 1.20 if momentum strengthens.
EUR/USD consolidates near 1.1625 with a bearish bias, as traders await Eurozone PMI data and Powell’s Jackson Hole remarks for direction.
The euro is holding above 1.16 support, with traders awaiting Powell’s Jackson Hole speech as EUR/USD remains range-bound between 1.14 and 1.18.
The euro is attempting a recovery near 1.16, with Fed policy signals and Jackson Hole remarks set to drive the next move in EUR/USD.
The euro trades with an upward bias above 1.1660, with peace talks and Powell’s Jackson Hole speech likely to shape direction toward the 1.1800 level.
Bonuses & Promotions
The euro slips toward 1.16 against the dollar, with traders eyeing 1.14 support and 1.18 resistance as rangebound conditions dominate summer trading.
The euro steadies near 1.1715, with traders eyeing Ukraine peace talks as a catalyst, while technicals show support at 1.1650 and resistance near 1.1800.
EUR/USD slides after strong US PPI data fuels doubts over rapid Fed rate cuts, with a break below the 50-day EMA potentially opening the path toward 1.14.
EUR/USD is consolidating near 1.1700 as rate-cut expectations for the Federal Reserve boost bullish momentum, though key resistance at 1.1800 remains a critical breakout point.
EUR/USD is drifting toward the 1.18 double-top resistance, with a pullback to 1.16 possible, as market focus remains on Fed rate cut expectations.
EUR/USD gains on weaker US CPI, testing the 1.1700 resistance as traders watch German inflation data and Fed commentary for the next directional cue.