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EUR/USD

EURUSD
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1.159

-0.003-0.24%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.24%

5 Days

-0.64%

1 Month

+0.48%

6 Months

-1.85%

Year to Date

-1.33%

1 Year

-0.76%

Key Data Points

Opening Price

1.161

Previous Closing Price

1.162
Price Range of the Day
1.1581.162
52-Week Price Range
1.1321.208

Recent

Analysis

Forex Today: Enter the US labour market

The US Dollar (USD) has managed to leave behind the negative start to the week and regained balance on Tuesday. The recovery has come on the back of a generalised recovery in US Treasury yields and ongoing tensions in the geopolitical landscape.

Fxstreet3 hours ago

Euro struggles as softer-than-expected US econoomic data offer little relief

EUR/USD struggles to attract buyers on Tuesday despite below-forecast US economic data, as the US Dollar (USD) shows little weakness following the release. At the time of writing, the pair trades around 1.1601 after touching an intraday low of 1.1587, but remains down roughly 0.14% on the day.

Fxstreet5 hours ago

“Good news” on inflation: ECB’s Nagel sees no second-round effects

Joachim Nagel, European Central Bank (ECB) Governing Council member and Bundesbank President, expressed confidence on Tuesday in the global economic outlook despite geopolitical tensions in the Middle East.

Fxstreet6 hours ago

Euro: ECB tightening seen limiting downside – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad reports EUR/USD is trading heavy just below 1.1600 as Eurozone August Consumer Price Index (CPI) confirmed easing underlying inflation, with core and services measures slowing.

Fxstreet7 hours ago

EUR/USD Price Forecast: Upbeat US Dollar stresses on major currency pair

The Euro (EUR) trades 0.2% lower to near 1.1593 against the US Dollar (USD) during the European trading session on Tuesday.

Fxstreet8 hours ago

Euro extends losses against British Pound as Eurozone inflation fails to impress

The Euro (EUR) heads south against the British Pound (GBP) on Tuesday, weighed by somewhat softer inflationary pressures on the Eurozone and downbeat German Retail Sales figures.

Fxstreet9 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
Sell
Sell(7)
Neutral(3)
Buy(2)
Indicators
Sell(3)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.001
Neutral
RSI(14)
52.555
Neutral
STOCH(KDJ)(9,3,3)
24.402
Sell
ATR(14)
0.005
High Vlolatility
CCI(14)
-34.651
Neutral
Williams %R
59.740
Sell
TRIX(12,20)
0.065
Sell
StochRSI(14)
5.362
Oversold
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
1.162
Sell
MA10
1.165
Sell
MA20
1.160
Sell
MA50
1.149
Buy
MA100
1.157
Buy
MA200
1.163
Sell

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.1614 is resistance, with 1.1562 and 1.1548 as targets

Trading Strategy

The downside prevails as long as 1.1614 is resistance, with 1.1562 and 1.1548 as targets

Alternative scenario

above 1.1614, look for 1.1636 and 1.1650.

Comment

The downside prevails as long as 1.1614 is resistance, with 1.1562 and 1.1548 as targets

18 minutes 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

1.159
-0.003-0.24%
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