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EUR/USD

EURUSD
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1.158

+0.001+0.08%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.08%

5 Days

+0.37%

1 Month

+1.28%

6 Months

-1.69%

Year to Date

-1.38%

1 Year

-0.66%

Key Data Points

Opening Price

1.157

Previous Closing Price

1.157
Price Range of the Day
1.1571.159
52-Week Price Range
1.1321.208

Recent

Analysis

Euro strengthens above 1.1550 on fading Fed hike bets

The EUR/USD pair trades with mild gains near 1.1580 during the early Asian session on Wednesday. The US Dollar (USD) softens against the Euro (EUR) as softer US inflation data dialed back expectations of tighter Federal Reserve (Fed) policy.

Fxstreet3 hours ago

Euro: Bullish momentum targets mid-1.17s – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note the Euro (EUR) is resilient around 1.1576, with Germany’s ZEW survey showing improving expectations and a slow recovery backdrop. Short-term EUR/USD technicals are described as bullish, with strong intraday and daily momentum.

Fxstreet12 hours ago

Euro consolidates below two-month high as US Dollar steadies

EUR/USD consolidates losses on Tuesday after pulling back from a two-month high of 1.1614 reached the previous day.

Fxstreet14 hours ago

Euro: Range-bound before FOMC against US Dollar – ING

Chris Turner at ING describes EUR/USD as contained after a rally stalled just above 1.16, with investors cautious due to high natural gas prices and upcoming FOMC minutes. He expects a 1.1520–1.1580 range near term, while higher energy supports ECB hike expectations.

Fxstreet15 hours ago

Euro ticks higher against the British Pound after upbeat German economic sentiment

The Euro (EUR) nudges higher against the British Pound (GBP) on Tuesday, buoyed by positive German economic sentiment figures while, in the UK, June’s employment report failed to convince investors.

Fxstreet17 hours ago

Euro remains subdued following German ZEW Survey data

EUR/CAD depreciates after three days of gains, trading around 1.1570 during the European hours on Tuesday. The pair loses ground as the Euro (EUR) remains subdued following the release of German ZEW Survey data.

Fxstreet18 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
Buy
Sell(2)
Neutral(2)
Buy(7)
Indicators
Sell(1)
Neutral(2)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.001
Buy
RSI(14)
63.614
Neutral
STOCH(KDJ)(9,3,3)
66.585
Neutral
ATR(14)
0.004
Low Volatility
CCI(14)
126.096
Buy
Williams %R
19.397
Overbought
TRIX(12,20)
0.050
Sell
StochRSI(14)
100.000
Overbought
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
1.157
Buy
MA10
1.155
Buy
MA20
1.151
Buy
MA50
1.147
Buy
MA100
1.157
Buy
MA200
1.163
Sell

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.1590 is resistance, with 1.1548 and 1.1536 as targets

Trading Strategy

The downside prevails as long as 1.1590 is resistance, with 1.1548 and 1.1536 as targets

Alternative scenario

above 1.1590, look for 1.1610 and 1.1622.

Comment

The downside prevails as long as 1.1590 is resistance, with 1.1548 and 1.1536 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.

EUR/USD

1.158
+0.001+0.08%
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