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 Euro initially tried to rally on Thursday but continues to see a lot of resistance at the 1.14 handle.
The Euro rallied significantly during the trading session on Wednesday, breaking above the 1.14 level at one point.
The Euro initially dipped during the trading session on Tuesday but found buyers near the 1.1240 level to turn around a break back above the 1.13 handle.
Top Forex Brokers
The Euro has gone back and forth during the trading session on Monday, as traders continue to test the 1.13 level in both directions.
The Euro initially rallied during trading on Friday, waiting for the jobs numbers to come out the United States.
The Euro has hit the stratosphere during trading on Thursday and quite frankly there really is not much showing on the chart that suggests it is ready to give up the massive rally that we have seen.
The eyes of currency traders today are heading towards the European Central Bank and its monetary policy decisions under the leadership of Lagarde
The Euro has extended its gains during a very volatile session on Wednesday, reaching towards the 1.1250 level.
The Euro rallied significantly again during the trading session on Tuesday, after initially pulling back.
Bonuses & Promotions
The Euro continues to grind higher against the greenback, as the Forex market seems to be focusing more on the idea of European bonds being federalized than anything else.
Despite the European Central Bank’s acknowledgment that the Eurozone will face a more precipitous than previously considered recession
The Euro has extended gains during the day on Friday, reaching well above the 1.11 handle before pulling back.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
The Euro broke higher during the trading session on Thursday as we continue to see the Euro gain from the idea of Germany backstopping the entire Union.
The Euro rallied significantly during the trading session on Wednesday, and even broke above the 200 day EMA at one point.
The Euro has rallied rather significantly during the trading session on Tuesday, reaching towards the 1.10 level.