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 EUR/USD pair has gone back and forth over the last couple of months, as we continue to test the 1.15 level underneath, an area that I think is crucial for support.
The Euro has been grinding sideways during most of the month of June, as May was absolutely atrocious for the common currency.
The EUR/USD pair initially fell during trading on Tuesday but turned around and show signs of strength.
Top Forex Brokers
The Euro was rocked back and forth during the trading session on Thursday, as the United States announced fresh tariffs against the European Union consisting of 25% for steel, and 10% for aluminum.
The EUR/USD pair has broken down significantly during the month, losing over 500 pips.
The Euro rallied a bit during the trading session on Thursday but gave back about half of the gains in a sign of just how soft this pair is.
The EUR/USD pair broke down significantly on Tuesday again, breaking down below the 1.19 handle, and reaching below the 1.1850 level at one point during the session.
The EUR/USD pair was sideways most of the month of April, but then broke down significantly to crash into the 1.21 handle.
The EUR/USD pair went back and forth during the trading session on Tuesday, forming a bit of a neutral candle.
Bonuses & Promotions
The EUR/USD pair rallied during the trading session on Monday, as we came back from the weekend with a bit of a sigh of relief after the situation in Syria doesn’t seem to be escalating.
The EUR/USD pair had a volatile session on Friday, initially trying to break above the 1.2350 level, but then pulling back only to bounce again.
The Euro went back and forth during the trading session on Wednesday, as we continue to be very noisy.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The EUR/USD pair has gone sideways during most of the last couple of months, as we have consolidated between 1.21 and 1.25.
The EUR/USD pair pulled back slightly during the trading session on Monday but found the 50-day EMA supportive enough to turn around and shoot to the upside.
The EUR/USD pair pulled back slightly at the beginning of the session on Friday but turned around to show signs of support again.