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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The EUR/USD has fallen again during the trading session on Monday as we continue to see a bit of hesitation from the 1.0350 region, and of course the 200-Day EMA.
Since the middle of last week’s trading, the price of the EUR/USD currency pair failed to gain momentum to complete the bullish retracement path.
The EUR/USD has pulled back just a bit from the 200-Day EMA during the trading session on Friday, as we are heading into the weekend on the back foot.
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The EUR/USD has pulled back during the trading session on Thursday as the 200-Day EMA has come back into the picture, with the 1.0350 level is an area that a lot of people are paying attention to as well.
Since the start of this week's trading, the price of the euro currency pair against the US dollar, EUR/USD, has stabilized around its strong gains.
The EUR/USD rallied a bit during the trading session on Wednesday, testing the 200-Day EMA.
The EUR/USD has rallied significantly during the trading session on Tuesday as the PPI numbers in America came out at “only” 8.0% year-over-year.
The EUR/USD exchange rate could extend its near-term recovery during the trading week, analysts say, although many still see the market as a clear technical situation and not necessarily the beginning of a long-term recovery.
The EUR/USD initially fell during the trading session on Monday, but then turned around to threaten the 200-Day EMA it again.
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Yellen has consistently signaled her support for the Fed's moves to bring down the worst bout of inflation in 40 years.
The EUR/USD bounced quite significantly during the trading session on Thursday, as we had touched the 50-Day EMA and then turned to the outside.
Until the announcement of the most important US data today, the price of the euro currency pair against the US dollar EUR/USD succeeded in rebounding higher
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The EUR/USD currency pair has pulled back a bit on Wednesday as we have seen a lot of negativity as far as risk appetite is concerned out there.
The current bullish rebound in the performance of the EUR/USD currency pair with gains towards the 1.0096 resistance level caused a noticeable decline in the US dollar
The price of the euro against the dollar, EUR/USD, entered the trading of the new week amid bullish momentum.