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EUR/USD

EURUSD
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1.165

+0.000+0.04%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.04%

5 Days

-0.18%

1 Month

+2.53%

6 Months

-1.21%

Year to Date

-0.77%

1 Year

+0.10%

Key Data Points

Opening Price

1.165

Previous Closing Price

1.165
Price Range of the Day
1.1651.166
52-Week Price Range
1.1321.208

Recent

Analysis

EUR/USD Price Forecast: Correcting lower with the near-term bullish trend intact

The Euro (EUR) remains practically flat against the US Dollar (USD) on Thursday, with the weekly chart showing a mild bearish correction, as the rally from late July lows had reached overbought levels.

Fxstreet5 minutes ago

Euro: Lower against US Dollar after PCE surprise – Danske Bank

Danske Research Team notes that the United States (US) Personal Consumption Expenditures (PCE) Price Index inflation surprise triggered a hawkish market reaction, pushing US rates higher and weighing on EUR/USD. The pair dropped to 1.1650 as the US Dollar (USD) found support from stronger data.

Fxstreet34 minutes ago

Euro drifts higher above 1.1650 on hawkish ECB stance

The EUR/USD pair gains ground to near 1.1655 during the early European trading hours on Thursday. The Euro (EUR) strengthens against the Greenback on the hawkish stance of the European Central Bank (ECB). The US Initial Jobless Claims data is due on Thursday.

Fxstreet2 hours ago

Euro holds gains above 1.1650 on hawkish ECB bias

The EUR/USD pair edges higher to around 1.1655 during the early Asian session on Thursday. A hawkish stance of the European Central Bank (ECB) provides some support to the Euro (EUR) against the US Dollar (USD).

Fxstreet6 hours ago

Euro: Rally stalls against US Dollar as spreads drive trade – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is slightly softer versus the Dollar, with its late-July rally stalling as price action mirrors yield spreads.

Fxstreet13 hours ago

Euro firms against British Pound on hopes of a Hormuz deal

EUR/GBP is trading around 0.8570 on Wednesday, on the front foot as hopes of a de-escalation in the Gulf hand the Euro (EUR) a modest lift.

Fxstreet15 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(3)
Buy(7)
Indicators
Sell(1)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.001
Buy
RSI(14)
65.644
Neutral
STOCH(KDJ)(9,3,3)
68.091
Neutral
ATR(14)
0.004
High Vlolatility
CCI(14)
52.616
Neutral
Williams %R
28.192
Buy
TRIX(12,20)
0.077
Sell
StochRSI(14)
8.013
Oversold
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
1.166
Sell
MA10
1.164
Buy
MA20
1.159
Buy
MA50
1.148
Buy
MA100
1.157
Buy
MA200
1.163
Buy

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 as targets

Trading Strategy

The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 as targets

Alternative scenario

above 1.1685, look for 1.1707 and 1.1720.

Comment

The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 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

1.165
+0.000+0.04%
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