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EUR/USD

EURUSD
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1.124
+0.004+0.39%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.40%

5 Days

+1.01%

1 Month

-0.14%

6 Months

-4.12%

Year to Date

-4.33%

1 Year

-2.46%

Key Data Points

Opening Price

1.119

Previous Closing Price

1.119
Price Range of the Day
1.1181.124
52-Week Price Range
1.1101.208

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.1201 is resistance, with 1.1151 and 1.1139 as targets

Trading Strategy

The downside prevails as long as 1.1201 is resistance, with 1.1151 and 1.1139 as targets

Alternative scenario

above 1.1201, look for 1.1221 and 1.1233.

Comment

The downside prevails as long as 1.1201 is resistance, with 1.1151 and 1.1139 as targets

2 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
Euro: Rebound toward 1.1275 in focus against US Dollar - Scotiabank

Scotiabank’s FX team reports the Euro slightly lower versus the Dollar, as ECB officials keep a hawkish stance with December tightening still priced. Despite softer Oil, European energy concerns persist.

Fxstreet6 hours ago
Forex Today: Midterms and jobs data come to the fore

The US Dollar (USD) has navigated a vacillating range on Tuesday, broadly in line with the rest of the FX galaxy, in a context of steady caution ahead of the US Midterm elections, upcoming key US data releases and steady uncertainty surrounding the Middle East crisis.

Fxstreet6 hours ago
ECB’s Sleijpen says Iran shock persists, no second-round effects yet

On Tuesday, Olaf Sleijpen, President of De Nederlandsche Bank and a member of the European Central Bank (ECB) Governing Council, said that “the Iran shock is more persistent than earlier thought,” but noted that the central bank is not seeing “second-round effects yet.”

Fxstreet6 hours ago
ECB’s Nagel signals December rate hike as inflation risks mount

On Tuesday, the President of the Bundesbank and Governing Council member of the European Central Bank (ECB), Joachim Nagel, said that an ECB rate increase in December “is very likely to be necessary.”

Fxstreet6 hours ago
European gas: Iran tensions keep TTF near EUR 100 - Commerzbank

Commerzbank notes that European gas (TTF) prices fell by up to 10% yesterday, from EUR 104 to EUR 93.5 per MWh, as hopes for a diplomatic resolution to the Iran conflict reduced the geopolitical risk premium. However, renewed US strikes on Iran have since pushed prices back toward EUR 100.

Fxstreet8 hours ago
Euro trades flat as US midterms and US-Iran developments keep traders cautious

EUR/USD trades little changed on Tuesday amid a cautious market mood as traders watch the US midterm elections. US-Iran developments also remain in focus, leaving the US Dollar (USD) without a clear direction.

Fxstreet10 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
Neutral
Sell(4)
Neutral(3)
Buy(5)
Indicators
Sell(1)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.003
Neutral
RSI(14)
49.040
Neutral
STOCH(KDJ)(9,3,3)
74.473
Buy
ATR(14)
0.006
Low Volatility
CCI(14)
57.615
Neutral
Williams %R
22.047
Buy
TRIX(12,20)
-0.062
Sell
StochRSI(14)
100.000
Overbought
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
1.119
Buy
MA10
1.118
Buy
MA20
1.119
Buy
MA50
1.136
Sell
MA100
1.142
Sell
MA200
1.155
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

1.124
+0.004+0.39%
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