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EUR/USD

EURUSD
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1.163

+0.001+0.13%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.13%

5 Days

+0.39%

1 Month

+0.90%

6 Months

+0.10%

Year to Date

-1.00%

1 Year

-0.72%

Key Data Points

Opening Price

1.161

Previous Closing Price

1.161
Price Range of the Day
1.1601.164
52-Week Price Range
1.1321.208

Recent

Analysis

Euro benefits from weaker US Dollar as ECB decision looms

EUR/USD holds modest gains at the start of North American trading hours on Monday as a softer US Dollar (USD) and stronger-than-expected Eurozone Gross Domestic Product (GDP) data support the Euro (EUR).

Fxstreet4 hours ago

Euro: ECB tightening supports currency – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad expects the European Central Bank (ECB) to deliver another 25 bps hike this week, taking the policy rate to 2.50%, supported by above-target Eurozone inflation and a firmer growth outlook.

Fxstreet4 hours ago

EUR/USD Price Forecast: Remains sticky to 20-day EMA

The Euro (EUR) is marginally higher to near 1.1625 against the US Dollar (USD) during the European trading session on Monday. The major currency pair trades broadly sideways amid an extended weekend in the United States (US) due to Labor Day.

Fxstreet5 hours ago

Euro: Tight range with downside bias against US Dollar – ING

ING’s Chris Turner argues that Euro fundamentals remain contained despite German regional election results highlighting political tensions for Chancellor Merz’s CDU. Solid Eurozone growth and investor confidence are offset by downside risks from this week’s ECB meeting.

Fxstreet8 hours ago

Euro: Limited gains from ECB tightening – Commerzbank

Commerzbank’s Thu Lan Nguyen argues that EUR/USD remains primarily driven by the US Dollar, with Euro-side developments only amplifying or dampening trends.

Fxstreet8 hours ago

Euro remains steady above 1.1610 despite weak German Industrial Production data

The Euro (EUR) trades flat against the US Dollar (USD) on Monday, hovering just above 1.1610 at the European session opening, following a reversal from the 1.1640 area last week.

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
Buy
Sell(3)
Neutral(3)
Buy(6)
Indicators
Sell(2)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.001
Neutral
RSI(14)
57.039
Neutral
STOCH(KDJ)(9,3,3)
46.475
Buy
ATR(14)
0.005
Low Volatility
CCI(14)
-30.944
Neutral
Williams %R
57.822
Sell
TRIX(12,20)
0.045
Sell
StochRSI(14)
96.995
Overbought
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
1.161
Buy
MA10
1.162
Buy
MA20
1.161
Buy
MA50
1.151
Buy
MA100
1.156
Buy
MA200
1.163
Sell

EUR/USD Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets

Trading Strategy

The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets

Alternative scenario

below 1.1586, expect 1.1563 and 1.1550.

Comment

The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets

48 minutes 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

1.163
+0.001+0.13%
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