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EUR/USD

EURUSD
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1.157

+0.004+0.36%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.36%

5 Days

+0.11%

1 Month

+1.32%

6 Months

-2.50%

Year to Date

-1.50%

1 Year

-0.68%

Key Data Points

Opening Price

1.152

Previous Closing Price

1.153
Price Range of the Day
1.1521.158
52-Week Price Range
1.1321.208

Recent

Analysis

Forecasting the upcoming week: FOMC Minutes take center stage next week

The US Dollar Index (DXY) extended its slide on Friday, holding below 100.00 at fresh lows after a fourth straight soft US data print.

Fxstreet23 hours ago

EUR/USD Price Forecast: 100-Day SMA blocks bullish reversal

The EUR/USD registers gains of over 0.32% as traders face key resistance at the 100-day Simple Moving Average (SMA) at 1.1567, as bulls eye the 1.1600 psychological figure. At the time of writing, the pair trades at 1.1564 after bouncing off daily lows of 1.1526.

FxstreetFri, Aug 14

Euro: Spreads support upside bias against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret report EUR/USD trading in the mid-1.15s with modest gains versus the US Dollar (USD), supported by euro area Gross Domestic Product (GDP) and a return to trade surplus.

FxstreetFri, Aug 14

Euro climbs as fading Fed hike expectations pressure US Dollar

EUR/USD rallies on Friday, erasing all the losses recorded earlier this week as broad-based weakness in the US Dollar (USD) lifts the Euro (EUR). At the time of writing, the pair trades around 1.1580 near its highest level since June 17.

FxstreetFri, Aug 14

US Dollar: Medium-term depreciation risks build – Nordea

Nordea strategists argue that while near-term risks for the Dollar are broadly balanced, the longer-term outlook remains negative.

FxstreetFri, Aug 14

Euro holds gains above 1.1550 following Eurozone GDP and bright Trade Balance data

The Euro (EUR) holds moderate gains against the US Dollar (USD) on Friday, as Eurozone Gross Domestic Product (GDP) came in line with market forecasts while June's Trade Balance beat forecasts.

FxstreetFri, Aug 14

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(2)
Neutral(3)
Buy(7)
Indicators
Sell(1)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.002
Buy
RSI(14)
62.267
Neutral
STOCH(KDJ)(9,3,3)
65.164
Neutral
ATR(14)
0.005
High Vlolatility
CCI(14)
88.531
Neutral
Williams %R
7.109
Overbought
TRIX(12,20)
0.045
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
1.154
Buy
MA10
1.154
Buy
MA20
1.148
Buy
MA50
1.146
Buy
MA100
1.157
Buy
MA200
1.163
Sell

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 1.1539 is support, with 1.1589 and 1.1602 as targets

Trading Strategy

The upside prevails as long as 1.1539 is support, with 1.1589 and 1.1602 as targets

Alternative scenario

below 1.1539, expect 1.1519 and 1.1506.

Comment

The upside prevails as long as 1.1539 is support, with 1.1589 and 1.1602 as targets

23 hours ago
Source: Trading Central(Reference Only)

More Details of EUR/USD

The EUR/USD currency pair represents the exchange rate between the Euro (EUR) and the U.S. Dollar (USD). It is the most traded currency pair in the world, accounting for a significant portion of global forex transactions. The Euro is the official currency of the Eurozone, while the U.S. Dollar is the world's primary reserve currency. The EUR/USD pair is influenced by various factors, including economic indicators, interest rate differentials, and geopolitical events, making it a focal point for traders and investors seeking to capitalize on currency fluctuations.

What are the best times to trade EUR/USD?

An ideal time to trade this currency pair is during the overlap session of the New York and Euro market, which is from EST 8:00 am - 12:00 pm or PST 5:00 am - 9:00 am. During this period, you will see the most active trading of the day.

What makes the EUR/USD move?

The EUR/USD is influenced by a number of factors, some common events include the monetary policy of the European Central Bank (ECB) and the Federal Reserve (Fed), the release of unemployment data, inflation, GDP growth and other political events.

Is EUR/USD a good pair to trade?

EUR/USD is the most recommended forex pair for all types of traders, even novices. Since the Euro and the US Dollar are the two major currencies in the world, this pair offers high liquidity and low transaction costs.

EUR/USD

1.157
+0.004+0.36%
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