The ECB's widely anticipated 25 basis point September hike has provided technical support for the euro, but this tailwind masks a deeper vulnerability: rising energy costs due to Middle East geopolitical friction.
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
Meta title: EUR/USD Stalls at 1.1700 Ahead of Jackson Hole
EUR/USD is testing the 1.17 area after a strong recovery, with consecutive rejection candles highlighting the tension between dollar weakness and technical resistance.
Top Regulated Brokers
Treasury buyback divergence exposes geopolitical energy vulnerability risks
EUR/USD: Why the Euro’s Slow Climb Faces a Test
The EUR/USD market has been noisy, sideways, and uncertain, but that does not mean it has been directionless. The euro is beginning to show a little more positive momentum, and the pair is pressing into an area that has repeatedly made traders hesitate.
The euro has opened Thursday's session with a modest gain, but the real test for EUR/USD may come later, once US producer price data hits the wires.
The euro isn't going anywhere in a hurry, and that hesitation says more than any single move higher or lower could. When a market stalls like this, it usually means traders are waiting on something else to make the decision for them.
EUR/USD remains caught between the 200-day EMA and key support near 1.14 as weaker US employment data reshapes rate expectations and weekend risks.
Bonuses & Promotions
Why Can't EUR/USD Decide on a Direction?
EUR/USD: Why the Market Still Can't Pick a Direction
EUR/USD remains in a cautious environment, with traders focused on technical levels, economic signals, and changing perceptions around the U.S. dollar.
EUR/USD struggles to extend its rebound as moving average resistance, policy uncertainty, geopolitical risks, and shallow conviction keep the pair range-bound.
EUR/USD is repeatedly testing the 1.1400 support zone as Middle East tensions, shifting US rates, and safe-haven flows raise the risk of a downside break.
The EUR/USD currency pair continues to look heavy, but not in a dramatic way. This is the kind of market that keeps trying to turn higher and then simply runs out of momentum, which is very often a sign that traders are still not comfortable taking on too much risk in the current