EUR/USD continues to consolidate around 1.1586 ahead of critical Eurozone inflation and U.S. Fed minutes, with markets poised for a breakout from its recent tight range.
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.
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EUR/USD remains under bearish pressure after breaking key trend support, with downside targets near 1.14 and potentially 1.11 amid persistent US dollar strength.
EUR/USD remains range-bound near 1.1620 as traders weigh fading bullish momentum against uncertainty over upcoming Fed rate decisions.
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The euro climbed slightly on Thursday but remains in a volatile range, with continued downside risk toward 1.14 unless a breakout above 1.17 occurs.
EUR/USD continues to trade within a bearish trend below key resistance levels, with technical indicators suggesting a potential drop toward 1.1400 amid ongoing uncertainty.
The Euro traded choppily on Wednesday as stronger U.S. yields offset Fed rate cuts, leaving EUR/USD stuck in a range with potential targets at 1.14 or 1.17.
EUR/USD remains under bearish pressure near 1.1585 as traders await key comments from Fed officials and German inflation data, with 1.1500 as a critical support level.
The euro failed to hold Monday gains against the U.S. dollar, forming a bearish shooting star and signaling a likely decline toward 1.14 amid growing dollar strength.
EUR/USD remains under pressure below 1.1600 as traders watch for US government shutdown resolution and mixed Fed signals, with support eyed at 1.1460.
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The euro rallied to the 1.1550 level on Thursday, but continued resistance and broader dollar strength suggest the downtrend remains intact with 1.14 support in focus.
EUR/USD continues trading in a bearish structure, with a short-term pullback likely facing strong resistance near 1.1600, aligned with key Fibonacci levels.
EUR/USD continued its slide below 1.1500, with bearish momentum intact and technical indicators nearing oversold levels ahead of key Eurozone and US data.
The EUR/USD pair remains under pressure, with the 1.14 level in focus as RSI and EMA indicators signal bearish momentum and limited upside.
The euro hovered near 1.15 on Monday, facing strong resistance as downside targets at 1.14 and 1.11 come into focus amid persistent bearish momentum.
The Euro remains under pressure against the US dollar, with technical breakdowns and persistent dollar strength pointing toward further downside.
