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EUR/USD

EURUSD
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1.160

-0.001-0.12%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.12%

5 Days

-0.13%

1 Month

+0.49%

6 Months

+0.26%

Year to Date

-1.26%

1 Year

-1.16%

Key Data Points

Opening Price

1.161

Previous Closing Price

1.161
Price Range of the Day
1.1571.162
52-Week Price Range
1.1321.208

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
Our next up target stands at 1.1654

Trading Strategy

Our next up target stands at 1.1654

Alternative scenario

below 1.1583, expect 1.1560 and 1.1547.

Comment

Our next up target stands at 1.1654

18 hours ago
Source: Trading Central(Reference Only)
Euro steadies against US Dollar after volatile reaction to US CPI

EUR/USD reverses earlier losses on Friday after the latest United States (US) Consumer Price Index (CPI) report came broadly in line with expectations and failed to trigger a strong market reaction.

FxstreetFri, Sep 11
Euro: ECB hawkish path supports pair – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad reports EUR/USD is trading heavy around 1.1600 after a hawkish 25 bps European Central Bank (ECB) hike to 2.50%. President Lagarde called the move a “no brainer” and signaled more hikes as inflation is seen above target for an extended period.

FxstreetFri, Sep 11
Euro retreats below 1.1600, Dollar appreciates heading into the US CPI release

The Euro (EUR) accelerates its reversal against the US Dollar (USD) on Friday, as the impulse from a hawkish hike by the European Central Bank (ECB) fades.

FxstreetFri, Sep 11
Euro: Hawkish ECB fails to lift Euro – Commerzbank

Michael Pfister at Commerzbank notes the European Central Bank (ECB) delivered a second rate hike this year and raised its inflation projections above 2%, which their economists see as pointing to another hike in December.

FxstreetFri, Sep 11
EUR/USD Price Forecast: Likely find direction after US CPI data

The Euro (EUR) trades subduedly at around 1.1608 against the US Dollar (USD) during the European trading session on Friday.

FxstreetFri, Sep 11
Euro retreats from weekly highs against British Pound as UK data beats expectations

UK data released on Friday showed that Gross Domestic Product (GDP) rose 0.4% in July, above expectations of a flat reading and following a 0.3% rise in June.

FxstreetFri, Sep 11

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(4)
Buy(2)
Indicators
Sell(3)
Neutral(4)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.002
Neutral
RSI(14)
50.882
Neutral
STOCH(KDJ)(9,3,3)
46.292
Neutral
ATR(14)
0.004
High Vlolatility
CCI(14)
-93.412
Neutral
Williams %R
72.414
Sell
TRIX(12,20)
0.030
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
1.162
Sell
MA10
1.161
Sell
MA20
1.163
Sell
MA50
1.153
Buy
MA100
1.156
Buy
MA200
1.163
Sell

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

1.160
-0.001-0.12%
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