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EUR/USD

EURUSD
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1.116
+0.000+0.00%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.00%

5 Days

-0.25%

1 Month

-0.32%

6 Months

-5.27%

Year to Date

-4.96%

1 Year

-3.41%

Key Data Points

Opening Price

1.116

Previous Closing Price

1.116
Price Range of the Day
1.1161.117
52-Week Price Range
1.1101.208

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.1177 is resistance, with 1.1122 and 1.1109 as targets

Trading Strategy

The downside prevails as long as 1.1177 is resistance, with 1.1122 and 1.1109 as targets

Alternative scenario

above 1.1177, look for 1.1198 and 1.1211.

Comment

The downside prevails as long as 1.1177 is resistance, with 1.1122 and 1.1109 as targets

2 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
Euro drifts toward the bottom of its range as US rate bets climb

Five weeks into a 1.1100-1.1300 range, the Euro is still inside it after US consumer prices beat forecasts, though back in the lower half. It dropped to just below 1.1150, giving back nearly all of Monday's climb, and has edged back above that level.

Fxstreet3 hours ago
Forex Today: Focus shifts to ECB-speak and German inflation

The US Dollar (USD) has regained strong upside traction, retracing a big chunk of Monday’s pullback as investors have started to reprice another potential rate hike by the Federal Reserve in December, particularly following October inflation data.

Fxstreet7 hours ago
ECB’s Nagel calls December rate hike obvious despite energy relief

In an interview with Bloomberg TV, Bundesbank President Joachim Nagel, also a member of the European Central Bank (ECB) Governing Council, said that “it is rather obvious that we have to increase in December,” cementing the case for a rate hike next month.

Fxstreet10 hours ago
Euro slips below 1.1200 as hotter US inflation fuels Fed rate hike bets

EUR/USD extends its decline on Tuesday, trading around 1.1190, down 0.28% on the day at the time of writing.

Fxstreet11 hours ago
EUR/USD Price Forecast: Fears of aggressive Fed tightening lift US Dollar

The Euro (EUR) surrenders its early gains and turns marginally lower at around 1.1220 against the US Dollar (USD) during the European trade on Tuesday.

Fxstreet14 hours ago
EUR/USD: Range-bound then recovering – ING

ING’s Chris Turner projects EUR/USD to trade soft in a 1.10–1.15 range over the next four to five months as French budget politics keep a risk premium in the Euro ahead of April elections.

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(10)
Neutral(3)
Buy(0)
Indicators
Sell(4)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
0.002
Neutral
RSI(14)
43.143
Neutral
STOCH(KDJ)(9,3,3)
34.129
Sell
ATR(14)
0.007
High Vlolatility
CCI(14)
-58.387
Neutral
Williams %R
65.480
Sell
TRIX(12,20)
-0.038
Sell
StochRSI(14)
43.643
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
1.118
Sell
MA10
1.119
Sell
MA20
1.119
Sell
MA50
1.132
Sell
MA100
1.141
Sell
MA200
1.153
Sell

About 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.

Is EURUSD (EURUSD) a safe investment?

No investment is completely risk-free. The risk level of EURUSD (EURUSD) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.

EUR/USD

1.116
+0.000+0.00%
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