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EUR/USD

EURUSD
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1.167

-0.001-0.07%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.08%

5 Days

+0.85%

1 Month

+2.56%

6 Months

-1.00%

Year to Date

-0.66%

1 Year

-0.40%

Key Data Points

Opening Price

1.168

Previous Closing Price

1.168
Price Range of the Day
1.1661.169
52-Week Price Range
1.1321.208

Recent

Analysis

Euro: Rally vulnerable to reversal against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Euro (EUR) is softer against the Dollar (USD) after an almost 3% rally from late July, with price action turning defensive.

Fxstreet24 minutes ago

Euro holds ground as US Dollar steadies and markets brace for Iran sanctions

EUR/USD trades flat on Monday as the US Dollar (USD) steadies and markets settle into a calmer tone following the sharp volatility triggered by the US Treasury’s surprise buyback announcement last week. At the time of writing, the pair trades around 1.1670, hovering near levels last seen in mid-May.

Fxstreet50 minutes ago

Euro: Range consolidation against US Dollar as growth gap narrows – Societe Generale

Societe Generale’s Kit Juckes notes EUR/USD has retraced half of its drop from above 1.20 to 1.1325 and is now stuck in a range as markets await fresh US data.

Fxstreet2 hours ago

Euro: Positioning supports gradual gains against US Dollar – ING

ING’s Chris Turner highlights futures data showing asset managers and leveraged funds adding Euro exposure, leaving speculators underweight. He notes recovering German IFO and Eurozone PMIs, and sees limited need for EUR/USD to drop sharply below 1.1660/70 unless risk assets suffer.

Fxstreet3 hours ago

Euro holds near three-month highs as investors await US sanctions to Iran

The Euro (EUR) nurses minor losses against the US Dollar (USD) on Monday but holds most of the gains taken last week.

Fxstreet5 hours ago

Euro: ECB patience with inflation and growth tension – BNY

Geoff Yu at BNY notes that Europe is seeking a Goldilocks mix of improving activity without reigniting inflation, with Euro strength already tightening conditions.

Fxstreet7 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
Buy
Sell(2)
Neutral(2)
Buy(9)
Indicators
Sell(2)
Neutral(2)
Buy(3)
Indicators
Value
Direction
MACD(12,26,9)
0.003
Buy
RSI(14)
69.897
Neutral
STOCH(KDJ)(9,3,3)
79.645
Neutral
ATR(14)
0.004
High Vlolatility
CCI(14)
116.620
Buy
Williams %R
23.035
Buy
TRIX(12,20)
0.069
Sell
StochRSI(14)
73.289
Sell
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
1.165
Buy
MA10
1.160
Buy
MA20
1.156
Buy
MA50
1.147
Buy
MA100
1.157
Buy
MA200
1.163
Buy

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 as targets

Trading Strategy

The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 as targets

Alternative scenario

above 1.1685, look for 1.1707 and 1.1720.

Comment

The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 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

1.167
-0.001-0.07%
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