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 made a strong start to the trading session on Monday.
The recent rebound attempts for the currency pair EUR/USD did not take it out of the general downward trend.
In Friday's trading session, the euro initially experienced a minor decline but later displayed signs of recovery.
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The euro has bounced a bit during the early hours on Thursday as we continue to try to find some type of stability.
The price of the EUR/USD currency pair is still under strong downward pressure.
The euro experienced a slight decline during Wednesday's early trading.
Bears yesterday control the performance of the euro-to-dollar currency pair EUR/USD after U.S. inflation was reported to be higher.
The Euro initially tried to rally during the trading session here on Tuesday.
The EUR/USD has been under pressure in 2024 trading but is unlikely to fall below 1.0723 during this week unless we receive a strong report on US inflation.
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Last week's trading was generally bearish for the performance of the price of EUR/USD.
The euro experienced a slight decline during Friday's trading session.
The Euro exhibited minimal activity on Thursday, maintaining its position within a defined range.
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The EUR/USD pair remains stable around its recent losses.
In the early hours of Wednesday trading, the euro appears to be making a recovery against the US dollar, rebounding from a notable low.
Since the start of trading this week, the EUR/USD currency pair has been stable below the psychological support level of 1.0800.