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 exhibited a modest uptick during the early hours of Wednesday, signaling a potential shift in sentiment among traders who had been aggressively shorting the currency.
We expect the continuation of the downward momentum in EUR/USD price performance until the reaction of the markets after today’s Federal Reserve announcement
The EUR/USD managed to stage yet another rally during Tuesday's trading session, with the US dollar exhibiting notable volatility.
Top Forex Brokers
With the start of trading this week, the price of the euro currency pair against the US dollar EUR/USD tried to stop the pace of its losses
The EUR/USD faced a tough battle in the recent trading session as it attempted to rally, but the absence of substantial momentum suggests that it's not out of the woods yet.
Amid speculations that the latest increase in interest rates from the European Central Bank will be the end of the tightening cycle, the euro did not benefit from the decision.
The EUR/USD made an initial attempt to rally during the recent trading session on Friday, but the lack of substantial momentum indicates that there's still a considerable journey ahead.
During yesterday's trading, the struggling euro regained its strength to record a positive daily close against both the dollar and the pound.
At the beginning of this week's trading the price of the EUR/USD currency pair may continue to move downward until the reaction to the announcement of the American inflation figures
Bonuses & Promotions
The EUR/USD made an initial attempt to rally during Tuesday's trading session, but this endeavor quickly gave way to losses, reflecting the overarching trend of a strengthening US dollar.
At the beginning of this week, the price of the EUR/USD pair stabilizes in a narrow range between the level of 1.0698 and the level of 1.0759
Last Monday, concerns regarding the euro's stability took the spotlight.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
During last week's trades, the bear's control over the direction of the price of the EUR/USD currency pair increased as it fell to the lowest support level of 1.0686 in three months
Friday ushered in concerns regarding the euro's resilience.
The EUR/USD seemed a bit weak on Thursday in the trading world.