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
In Tuesday's trading session, the euro displayed a modest rally, breaching the 1.1250 level but exhibiting signs of uncertainty.
The EUR/USD exchange rate entered the new week's trading at its highest level since the invasion of Ukraine, but technical resistance near 1.1273 and above on the charts could thwart the recovery
The euro's recent remarkable surge has encountered a temporary roadblock as upward momentum slows down.
Top Forex Brokers
The euro's upward momentum encountered resistance on Friday, following a remarkable surge over the past few days.
The EUR/USD started the trading session on Thursday with an attempt to rally, indicating the potential for further upward movement.
The exchange rate of the euro against the dollar (EURUSD) rose by a percentage, reaching its highest level in 16 months at the resistance level of 1.1140.
The EUR/USD demonstrated significant strength during Wednesday's trading session, indicating an attempt to surpass the crucial 1.11 level.
For four consecutive trading sessions, the price of the EUR/USD currency pair received a strong bullish momentum.
In Tuesday's trading session, the EUR/USD made an initial attempt to rally but encountered resistance near the 1.10 level, signaling the presence of an ongoing consolidation phase.
Bonuses & Promotions
The EUR/USD exchange rate held most of last month's gains during recent trading, but its rebound from its lows in late May has lost steam
The euro experienced a back-and-forth movement during Monday's trading session, hovering around the 1.10 level without managing to break above it.
In the last trading session of last week, the bulls succeeded in moving the price of the EUR/USD currency pair, upwards, towards the 1.0973 resistance level
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.In the latest trading session, the euro exhibited a substantial rally, fueling speculations of a potential return to the 1.10 level.
The EUR/USD experienced a lack of clear direction during Wednesday's trading session, remaining trapped between the 50-Day Exponential Moving Average and the 1.09 level.
The US Federal Reserve's reaffirmation of the possibility of raising US interest rates.