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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EUR/USD remains in a bullish trend, supported by the 200-hour MA and upbeat technicals, as traders await trade talks and US inflation data for the next move.
The EUR/USD pair faces pressure below key resistance as traders await ECB's rate decision, with inflation data and political tensions weighing on sentiment.
The euro faces selling pressure ahead of the ECB decision, weighed down by soft inflation data, Dutch political instability, and intensifying global trade tensions.
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The euro struggled to maintain upward momentum on Tuesday, falling back into a well-defined range as traders eye potential breakdown risks below 1.12.
The EUR/USD pair rose on escalating US tariff risks but faces strong resistance as traders await pivotal data from the ECB and US jobs report for further cues.
The euro rallied on Monday following weak US manufacturing data but hit resistance near the top of its multi-month range as traders assess recession risks.
we expect the EUR/USD price to move within narrow ranges around last week's closing levels, awaiting market and investor reactions to this week's significant
The euro rebounded sharply above 1.13 after weaker-than-expected US GDP data, but faces strong resistance at 1.14–1.15 amid lingering global recession fears.
EUR/USD is under pressure near 1.1280 amid Fed caution and EU-US tariff uncertainty, with key support at 1.1200 and resistance at 1.1400 shaping the next move.
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The euro slid below 1.13 on Wednesday, signaling potential bearish momentum as traders watch key support at 1.1250–1.12 and resistance at 1.14–1.15.
EUR/USD remains in an upward trend, with traders eyeing 1.1420 resistance as Fed minutes and US-EU trade negotiations shape near-term sentiment and price action.
The euro slipped on Tuesday after failing to break 1.14 resistance, as mixed technical signals and tariff concerns raise doubts about sustained bullish momentum.
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Recently, the EUR/USD pair has seen a significant rise from its recent lows, trading above a clearly defined uptrend line and moving towards critical Fibonacci
On Monday, the euro rallied rather significantly right off the bat but then turned around to show signs of negativity. At the end of the session, it looks like we will end up forming a shooting star, which of course is a very negative sign. Quite frankly, when you look at the chart, you can see that there is a massive amount of resistance between here and the 1.15 level, as markets are struggling to figure out which direction to run.
Given the US holiday today, the EUR/USD currency pair may stabilize around its recent upward rebound gains.