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EUR/USD

EURUSD
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1.158

-0.007-0.59%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.59%

5 Days

-0.81%

1 Month

+1.90%

6 Months

-1.91%

Year to Date

-1.39%

1 Year

-0.48%

Key Data Points

Opening Price

1.165

Previous Closing Price

1.165
Price Range of the Day
1.1581.166
52-Week Price Range
1.1321.208

Recent

Analysis

EUR/USD (EURUSD) Is down 0.50% on Aug 28: What Is Driving the Move?

• Fed Chair Warsh's hawkish tone drove the euro down against the dollar. • Sticky U.S. inflation and rising Treasury yields strengthened the U.S. dollar. • EUR/USD technicals show neutral RSI and a MACD buy signal.

TradingKey5 hours ago

Euro slides below 1.1600 as Warsh brings Fed rate hike back into play

EUR/USD falls sharply toward 1.1595 on Friday at the time of writing, losing 0.48% on the day, as the US Dollar (USD) rallies following Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.

Fxstreet7 hours ago

Germany: Growth recovery stays moderate – Commerzbank

Commerzbank’s Dr. Ralph Solveen and colleagues say German GDP has surprised on the upside, expanding around 0.35% per quarter over the last three quarters, driven mainly by stronger exports to EU partners.

Fxstreet8 hours ago

Euro drifts lower as Fed hawks set the stage for Warsh

EUR/USD trades around 1.1645 on Friday, posting a modest 0.07% decline on the day as investors adopt a wait-and-see approach ahead of a highly anticipated speech by Federal Reserve (Fed) Chair Kevin Warsh at the Jackson Hole Symposium.

Fxstreet8 hours ago

European Central Bank: September hike seen with energy risks – Nomura

Nomura’s Euro area team expects the European Central Bank to raise rates by 25 basis points to 2.50% at the 10 September meeting, citing higher HICP inflation and resilient growth.

Fxstreet9 hours ago

US Dollar: Dovish Fed repricing risk grows – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is mixed near a one‑week high as major FX pairs test key technical levels, including EUR/USD at its 200‑day moving average and USD/JPY near 160.00.

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)
-0.000
Neutral
RSI(14)
51.838
Neutral
STOCH(KDJ)(9,3,3)
39.032
Sell
ATR(14)
0.004
High Vlolatility
CCI(14)
-9.012
Neutral
Williams %R
64.497
Sell
TRIX(12,20)
0.074
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
1.164
Sell
MA10
1.164
Sell
MA20
1.159
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 1.1638 is resistance, with 1.1577 and 1.1564 as targets

Trading Strategy

The downside prevails as long as 1.1638 is resistance, with 1.1577 and 1.1564 as targets

Alternative scenario

above 1.1638, look for 1.1660 and 1.1673.

Comment

The downside prevails as long as 1.1638 is resistance, with 1.1577 and 1.1564 as targets

2 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

1.158
-0.007-0.59%
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