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
There is no doubt that the decline in US inflation rates stronger than expected contributed a lot to the decline of the US dollar against the rest of the other major currencies.
The EUR/USD currency pair rallied a bit on Wednesday as CPI numbers in the United States came out lower than anticipated.
Quiet trading sessions with a bearish bias is what is described as the performance of the EUR/USD currency pair recently.
Top Forex Brokers
The EUR/USD currency pair rallied a bit Monday but then turned around to show signs of weakness again.
The EUR/USD pair experienced near and far setbacks during last week's trading, but the risk of a long-term rise in US government bond yields would threaten to push it to July lows
If you ever wanted to fall asleep trading, you can do so by watching the euro.
At the beginning of last week’s trading, the bulls tried to control the direction of the EUR/USD currency pair, but the pace of gains stopped at the resistance level 1.0293.
The EUR/USD currency pair continues to trade in a tight range, as Friday saw more selling pressure.
The Euro has rallied on Thursday to show signs of continuation in the same range that we have been in.
Bonuses & Promotions
During the middle of this week's trading, the price of the EUR/USD currency pair is subjected to selling operations.
The EUR/USD currency pair continues to go back and forth without any real direction or conviction one way or the other.
In recent technical analyses, it was mentioned that the gains of the euro currency pair against the dollar EUR/USD may be subject to sale at any time.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The US dollar strengthened Tuesday as the euro continues to act as a punching bag.
The exchange rate of the euro against the dollar achieved only partial gains compared to the decline of the US dollar in recent days.
The EUR/USD currency pair rallied ever so slightly Monday as we continue to see a lot of noisy behavior.