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EUR/USD

EURUSD
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1.166

-0.001-0.09%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.08%

5 Days

+0.78%

1 Month

+2.61%

6 Months

-1.23%

Year to Date

-0.69%

1 Year

+0.40%

Key Data Points

Opening Price

1.167

Previous Closing Price

1.167
Price Range of the Day
1.1661.168
52-Week Price Range
1.1321.208

Recent

Analysis

ECB's Schnabel: Inflation likely to top 2% for extended period

European Central Bank (ECB) Executive Board member Isabel Schnabel said that inflation is unlikely to return to target over the medium term, and therefore further tightening will be necessary, Bloomberg reported on Wednesday.

Fxstreet14 minutes ago

EUR/USD Price Forecast: Declines to near 1.1650, overbought signals curb upside bias

The EUR/USD pair trades in negative territory near 1.1665 during the early European trading hours on Wednesday, pressured by a rebound in the US Dollar (USD). Markets turn cautious ahead of the release of the key US July Personal Consumption Expenditures (PCE) Price Index report later on Wednesday.

Fxstreet19 minutes ago

EUR/USD Price Forecast: Remains sideways ahead of key US events

The Euro (EUR) continues to trade in a tight range at around 1.1660 against the US Dollar (USD) during the Asian trading session on Wednesday.

Fxstreet2 hours ago

Euro steadies above 1.1650 ahead of US PCE data

The EUR/USD pair flatlines near 1.1675 during the early Asian trading hours on Wednesday. The US Treasury's decision to expand its long-term bond buyback program could weigh on the US Dollar (USD) against the Euro (EUR).

Fxstreet5 hours ago

Germany: Political risks cloud reform outlook – ING

ING’s Carsten Brzeski highlights how upcoming state elections in Saxony-Anhalt, Mecklenburg-Vorpommern and Berlin could reshape German politics and indirectly affect the economy.

Fxstreet13 hours ago

Euro: Upside limited above fair value against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret report EUR/USD consolidating in the mid to upper 1.16s after stronger German IFO and Gross Domestic Product (GDP) data, which should bolster European Central Bank (ECB) confidence ahead of the September 10 meeting.

Fxstreet16 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(7)
Indicators
Sell(2)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.002
Buy
RSI(14)
68.209
Neutral
STOCH(KDJ)(9,3,3)
77.563
Neutral
ATR(14)
0.004
Low Volatility
CCI(14)
75.216
Neutral
Williams %R
23.535
Buy
TRIX(12,20)
0.076
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
1.167
Sell
MA10
1.163
Buy
MA20
1.158
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

56 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

1.166
-0.001-0.09%
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