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EUR/USD

EURUSD
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1.162

-0.000-0.01%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.01%

5 Days

-0.22%

1 Month

+0.78%

6 Months

-0.53%

Year to Date

-1.03%

1 Year

-0.11%

Key Data Points

Opening Price

1.162

Previous Closing Price

1.163
Price Range of the Day
1.1621.163
52-Week Price Range
1.1321.208

Recent

Analysis

Forex Today: US Nonfarm Payrolls take centre stage

The US Dollar (USD) has added to Wednesday’s pullback, receding to multi-day lows and breaching below its key 200-day SMA.

Fxstreet5 hours ago

Euro: Support firms with hawkish ECB pricing – Scotiabank

Scotiabank’s Shaun Osborne and Eric Theoret highlight that the Euro (EUR) is higher against the US Dollar (USD), supported by strong euro area Producer Price Index (PPI) and firmer European Central Bank (ECB) rate expectations. Markets now price more than one 25bp hike by year-end.

Fxstreet8 hours ago

Euro gains against US Dollar as Waller tempers Fed rate-hike bets

EUR/USD attracts buyers on Thursday as a sharp rally in the Japanese Yen (JPY), softer United States labour-market data and a pullback in US Treasury yields weigh on the US Dollar (USD). At the time of writing, EUR/USD trades around 1.1622, up roughly 0.30% on the day.

Fxstreet8 hours ago

European Central Bank: September hike with cautious path – TD Securities

TD Securities’ macro team, including Pooja Kumra, expects the ECB to raise the deposit rate by 25bp to 2.50% in September. They see limited forward guidance, with the Governing Council reiterating its data-dependent, meeting-by-meeting approach.

Fxstreet10 hours ago

Euro: ECB succession and data support resilience – BNY

BNY’s Geoff Yu notes that Eurozone assets remain supported by steady composite PMI readings and improving signs in German demand, while speculation over ECB leadership succession grows.

Fxstreet10 hours ago

EUR/USD Price Forecast: 20-day EMA acts as key support level

The Euro (EUR) is up 0.2% to near 1.1610 against the US Dollar (USD) during the European trading session on Thursday.

Fxstreet10 hours ago

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
Neutral
Sell(4)
Neutral(4)
Buy(5)
Indicators
Sell(2)
Neutral(4)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.002
Neutral
RSI(14)
57.200
Neutral
STOCH(KDJ)(9,3,3)
34.304
Neutral
ATR(14)
0.005
Low Volatility
CCI(14)
-27.473
Neutral
Williams %R
57.238
Sell
TRIX(12,20)
0.054
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
1.160
Buy
MA10
1.163
Sell
MA20
1.160
Buy
MA50
1.150
Buy
MA100
1.156
Buy
MA200
1.163
Sell

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets

Trading Strategy

The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets

Alternative scenario

below 1.1586, expect 1.1563 and 1.1550.

Comment

The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets

3 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

1.162
-0.000-0.01%
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