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 euro failed to extend gains on Thursday, holding near 1.18 as traders weigh the Fed’s rate cut and await confirmation of a breakout toward 1.20 or a return to consolidation.
The EUR/USD pair corrected lower after hitting a 4-year high as traders digested the Fed’s 25bp rate cut, but the bullish outlook toward 1.2000 remains intact.
EUR/USD eases before the FOMC, with Powell’s tone set to decide whether the pair pushes toward 1.20 or faces renewed U.S. dollar strength.
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The euro climbed to a 4-year high at 1.1878 against the dollar, with markets eyeing 1.20 if the Fed confirms a dovish outlook.
EUR/USD is pressing the 1.18 barrier, with markets cautious ahead of the Fed but bulls eyeing a possible breakout toward 1.20.
The EUR/USD pair is testing key resistance near 1.1785, with bullish momentum suggesting a possible run toward the psychological 1.20 level if the Fed confirms further rate cuts.
The euro tests the 1.18 ceiling within its 1.16–1.18 range, with Fed policy set to determine whether EUR/USD breaks higher or stays range-bound.
EUR/USD remains rangebound between 1.16–1.18, with cautious sentiment ahead of the Fed’s rate cut decision and euro risks heightened by France’s downgrade.
The euro eases against the US dollar, trading in a tight 1.16–1.18 range as markets await clarity from the Federal Reserve and ECB.
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EUR/USD stays rangebound between 1.16 and 1.18 after the ECB’s rate hold, with traders awaiting the Fed’s decision for the next breakout signal.
EUR/USD remains neutral near 1.1690 as traders await the ECB decision and US CPI release, with 1.1580 support and 1.1800 resistance defining key levels.
EUR/USD remains rangebound between 1.16 and 1.18 as traders await Thursday’s ECB decision for direction.
EUR/USD is holding above 1.1700 inside an ascending channel, with U.S. CPI and ECB policy updates set to determine whether bulls can push toward 1.1810 and beyond.
The euro failed for the third time at the 1.18 resistance barrier, keeping EUR/USD stuck in its 1.16–1.18 range as traders await key ECB and Fed updates.
EUR/USD remains bullish above 1.17 as traders eye ECB policy and US inflation data, though resistance at 1.1780–1.1860 could trigger a pullback.