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EUR/USD

EURUSD
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1.159

-0.000-0.01%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.03%

5 Days

-0.77%

1 Month

+0.43%

6 Months

-1.89%

Year to Date

-1.37%

1 Year

-1.08%

Key Data Points

Opening Price

1.159

Previous Closing Price

1.159
Price Range of the Day
1.1581.159
52-Week Price Range
1.1321.208

Recent

Analysis

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.

Fxstreet4 hours ago

Euro: Downside risks build against US Dollar as oil rises – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note EUR/USD has slipped to the upper 1.15s, with sentiment turning bearish despite supportive yield spreads. They link the renewed deterioration to rising Oil prices and concerns over Euro area terms of trade.

Fxstreet6 hours ago

Euro: Headwinds from Fed and energy – ING

ING’s Chris Turner highlights growing headwinds for the Euro as higher energy prices and a more hawkish Federal Reserve push EUR/USD lower.

Fxstreet7 hours ago

Euro stays under pressure against US Dollar despite softer ADP data

EUR/USD consolidates its daily losses during American trading hours on Wednesday as the US Dollar (USD) holds firm, supported by hawkish Federal Reserve (Fed) expectations and escalating tensions in the Middle East.

Fxstreet9 hours ago

Euro: Nagel backs September hike path – BNY

BNY’s Geoff Yu reports that European Central Bank (ECB) Governing Council member Joachim Nagel has strongly signaled a September rate hike as Eurozone inflation stays above target and activity proves resilient.

Fxstreet10 hours ago

Euro tests two-week lows as risk aversion, Fed tightening bets buoy the US Dollar

The Euro (EUR) is trading lower against the US Dollar (USD) for the second consecutive day on Wednesday, weighed by risk aversion amid growing tensions in the Middle East, while rising bets of Federal Reserve (Fed) interest rate hikes support speculative demand for the US Dollar.

Fxstreet13 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(3)
Buy(2)
Indicators
Sell(3)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.002
Neutral
RSI(14)
51.829
Neutral
STOCH(KDJ)(9,3,3)
19.559
Sell
ATR(14)
0.005
Low Volatility
CCI(14)
-68.151
Neutral
Williams %R
66.168
Sell
TRIX(12,20)
0.059
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
1.161
Sell
MA10
1.164
Sell
MA20
1.160
Sell
MA50
1.150
Buy
MA100
1.157
Buy
MA200
1.163
Sell

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.1614 is resistance, with 1.1562 and 1.1548 as targets

Trading Strategy

The downside prevails as long as 1.1614 is resistance, with 1.1562 and 1.1548 as targets

Alternative scenario

above 1.1614, look for 1.1636 and 1.1650.

Comment

The downside prevails as long as 1.1614 is resistance, with 1.1562 and 1.1548 as targets

2 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

1.159
-0.000-0.01%
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