Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.002
Neutral
RSI(14)
54.560
Neutral
STOCH(KDJ)(9,3,3)
26.115
Neutral
ATR(14)
0.004
Low Volatility
CCI(14)
-53.802
Neutral
Williams %R
70.447
Sell
TRIX(12,20)
0.053
Sell
StochRSI(14)
57.135
Buy
Search
EUR/USD
Add to Watchlist
1.161
+0.002+0.16%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.16%
5 Days
-0.38%
1 Month
+0.62%
6 Months
-0.69%
Year to Date
-1.19%
1 Year
-0.27%
Key Data Points
Opening Price
1.159Previous Closing Price
1.159Recent
Analysis
Euro remains flat above 1.1600 after softer-than-expected Eurozone services activity
The Euro (EUR) picks up against a somewhat softer US Dollar (USD) on Wednesday, but upside attempts are frail, after last week's 0.8% decline and Eurozone PMI data have failed to boost confidence in the Eurozone's economic outlook.
Fxstreet2 hours ago
Euro: Trading near 1.16 against US Dollar as yields rise – Danske Bank
Danske Research Team reports that EUR/USD is around the 1.16 level while European government bond yields continue to climb and US yields show a mixed pattern.
Fxstreet2 hours ago
Euro: Downside risk persists toward 1.1550 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has shifted into short-term range trading between 1.1570 and 1.1610 after a dip to 1.1565 and rebound to 1.1608. They still see scope for a test of 1.1550 unless 1.1630 strong resistance breaks.
Fxstreet4 hours ago
EUR/USD Price Forecast: Turns sticky to 20-day EMA
The Euro (EUR) trades slightly higher against the US Dollar (USD) at around 1.1600 during the early European trading session on Thursday.
Fxstreet4 hours ago
Euro steadies below 1.1600 as hawkish Fed rhetoric limits gains
The EUR/USD pair holds steady near 1.1590 during the early Asian session on Thursday. The potential upside for the major pair might be limited amid hawkish Federal Reserve (Fed) expectations and escalating conflict in the Middle East.
Fxstreet9 hours ago
Forex Today: Weekly claims and ISM Services keep the focus on the real economy
The US Dollar (USD) has traded in quite a volatile fashion on Wednesday, always amid the unabated tensions from the US-Iran crisis, speculation over another bout of FX intervention by Japanese authorities and bets for whatever the Fed might do or not do in the next few months.
Fxstreet16 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.
Neutral
Moving Average
Indicators
Value
Direction
MA5
1.160
Buy
MA10
1.163
Sell
MA20
1.160
Buy
MA50
1.150
Buy
MA100
1.156
Buy
MA200
1.163
Sell
EUR/USD Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets
Alternative scenario
below 1.1586, expect 1.1563 and 1.1550.
Comment
The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets
an hour 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.
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