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EUR/USD

EURUSD
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1.153

-0.001-0.08%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.08%

5 Days

-0.78%

1 Month

-0.31%

6 Months

+1.06%

Year to Date

-1.80%

1 Year

-1.94%

Key Data Points

Opening Price

1.153

Previous Closing Price

1.154
Price Range of the Day
1.1531.156
52-Week Price Range
1.1321.208

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
Rebound towards 1.1568

Trading Strategy

Rebound towards 1.1568

Alternative scenario

below 1.1520, expect 1.1504 and 1.1495.

Comment

Rebound towards 1.1568

an hour ago
Source: Trading Central(Reference Only)
Euro: Consolidation with downside risks against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note the Euro (EUR) is consolidating in a tight range around the mid-1.15s as markets await the Federal Open Market Committee (FOMC).

Fxstreet2 hours ago
US Dollar: Fed repricing risk caps downside – Rabobank

Rabobank’s Senior FX Strategist Jane Foley notes the US Dollar (USD) has outperformed G10 peers on expectations the Fed will deliver around 100 bps of tightening over 12 months, but warns this may be excessive.

Fxstreet2 hours ago
Federal Reserve set to raise interest rate after five meetings on hold

The United States (US) Federal Reserve (Fed) announces its interest rate decision on Wednesday, following another pivotal meeting that could provide key insights into the monetary policy outlook heading into the end of the year.

Fxstreet3 hours ago
Euro trades cautiously against US Dollar ahead of expected Fed rate hike

EUR/USD consolidates losses on Wednesday as traders avoid taking strong directional positions ahead of the Federal Reserve’s (Fed) monetary policy announcement.

Fxstreet3 hours ago
Euro: Markets test ECB reaction function – Rabobank

Rabobank’s Senior Macro Strategist Bas van Geffen notes that EUR money markets now discount more than four additional European Central Bank (ECB) rate hikes beyond the two already delivered, as investors push expectations ahead of policymakers.

Fxstreet4 hours ago
Euro: Recovery does not justify stronger EUR – BNY

BNY’s Geoff Yu argues that while Eurozone growth and inflation risks are real, being long the Euro (EUR) is not the best way to express this view.

Fxstreet5 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(9)
Neutral(2)
Buy(0)
Indicators
Sell(3)
Neutral(2)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.003
Neutral
RSI(14)
40.573
Neutral
STOCH(KDJ)(9,3,3)
16.023
Sell
ATR(14)
0.005
Low Volatility
CCI(14)
-162.196
Sell
Williams %R
91.979
Oversold
TRIX(12,20)
0.011
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
1.157
Sell
MA10
1.159
Sell
MA20
1.162
Sell
MA50
1.153
Sell
MA100
1.155
Sell
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

1.153
-0.001-0.08%
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