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EUR/USD

EURUSD
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1.161

-0.000-0.03%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.04%

5 Days

-0.16%

1 Month

+0.56%

6 Months

-0.03%

Year to Date

-1.18%

1 Year

-0.75%

Key Data Points

Opening Price

1.161

Previous Closing Price

1.161
Price Range of the Day
1.1601.162
52-Week Price Range
1.1321.208

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.1649 is resistance, with 1.1597 and 1.1584 as targets

Trading Strategy

The downside prevails as long as 1.1649 is resistance, with 1.1597 and 1.1584 as targets

Alternative scenario

above 1.1649, look for 1.1672 and 1.1685.

Comment

The downside prevails as long as 1.1649 is resistance, with 1.1597 and 1.1584 as targets

3 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
Euro retreats from weekly highs against British Pound as UK data beats expectations

UK data released on Friday showed that Gross Domestic Product (GDP) rose 0.4% in July, above expectations of a flat reading and following a 0.3% rise in June.

Fxstreetan hour ago
Euro: Downside risks while 1.1585 holds against US Dollar – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann highlight growing downside momentum in EUR/USD after a sharp drop to 1.1591, though they see limited scope for a sustained break below 1.1585 in the very near term.

Fxstreetan hour ago
Euro struggles near 1.1600 vs USD as Fed hike bets and hawkish ECB clash ahead of US CPI

The EUR/USD pair remains under some selling pressure for the second straight day on Thursday, though it lacks follow-through and holds above the weekly low, which it touched the previous day.

Fxstreet2 hours ago
Euro flatlines above 1.1600 despite ECB hawkish hike, traders brace for US CPI data

The EUR/USD pair holds steady around 1.1610 during the early Asian session on Friday. Traders continue to assess a hawkish hike from the European Central Bank (ECB).

Fxstreet7 hours ago
ECB sources say further tightening remains likely – Reuters

According to Reuters sources, the European Central Bank (ECB) is expected to further tighten monetary policy in the months ahead and could raise rates in October.

Fxstreet14 hours ago
ECB recap: A hawkish hike despite downside growth risks

The European Central Bank (ECB) increased the Deposit Facility Rate to 2.50%, the Refinancing Rate to 2.65% and the Marginal Lending Facility to 2.90%, effective from September 16.

Fxstreet14 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(4)
Buy(2)
Indicators
Sell(3)
Neutral(4)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.001
Neutral
RSI(14)
53.026
Neutral
STOCH(KDJ)(9,3,3)
52.685
Neutral
ATR(14)
0.004
High Vlolatility
CCI(14)
-48.650
Neutral
Williams %R
62.511
Sell
TRIX(12,20)
0.030
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
1.162
Sell
MA10
1.161
Sell
MA20
1.163
Sell
MA50
1.153
Buy
MA100
1.156
Buy
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

1.161
-0.000-0.03%
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