Euro may reach resistance level, break it and continue to growHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
For an extended period, the price was dictated by a descending channel, with each rally attempt failing at its upper boundary.
The downward trend culminated in a test of the crucial support level at
About Euro / U.S. Dollar
The most traded currency pairs in the world are called “the Majors” and the EURUSD leads this group as the most traded pair in the world. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in 1999.
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EUR/USD - Bullish parallel channel formation!The EUR/USD currency pair is currently exhibiting a bullish market structure on the 4-hour timeframe, moving steadily within a well-defined ascending parallel channel. Price action has consistently bounced between the lower and upper boundaries of the channel, with each dip finding support at the lo
Euro may correct a little and then continue to rise in channelHello traders, I want share with you my opinion about Euro. Observing the recent price action, we can map out a clear transition in market structure. Previously, the pair was contained within a well-defined downward channel, where the seller zone around the 1.1760 resistance level consistently cappe
EURUSD at Make-or-Break Zone: Time to Short?EURUSD – Key Data Out Today, Short Setup Confirmed?
Today, several important economic indexes were released for both the Euro(EUR) and the Dollar(USD) . Let’s break them down in a simple way:
Eurozone PMI Data: Mixed to Weak
France:
Manufacturing PMI: 48.4 (slightly lower than forecas
EURUSD - Parallel channel in play!The following chart offers a closer look at the current structure of the EUR/USD pair on the 4-hour timeframe. Price action has been respecting a well-defined bearish parallel channel, which has provided clear boundaries for both resistance and support. Based on the ongoing reaction to these levels,
HelenP. I Euro can reach resistance zone and then dropHi folks today I'm prepared for you Euro analytics. If we look at the chart, we can observe a mature uptrend that has been supported by a major ascending trend line for an extended period. However, the momentum of this trend appears to be waning, as evidenced by the price's recent failure to establi
EURO - Price can continue to move up inside rising channelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
The price action of price reversed its course after breaking out from a previous falling channel formation.
Since then, the asset has been trading within the clear boundaries of a well-defined risin
Trading Divergences With Wedges in ForexTrading Divergences With Wedges in Forex
Divergence trading in forex is a powerful technique for analysing market movements, as is observing rising and falling wedges. This article explores the synergy between divergence trading and wedges in forex, offering insights into how traders can leverage
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of EURUSD is 1.15922 USD — it has decreased by −0.07% in the past 24 hours. See more of EURUSD rate dynamics on the detailed chart.
The value of the EURUSD pair is quoted as 1 EUR per x USD. For example, if the pair is trading at 1.50, it means it takes 1.5 USD to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURUSD has the volatility rating of 1.60%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURUSD showed a 1.01% rise over the past week, the month change is a 0.46% rise, and over the last year it has increased by 6.78%. Track live rate changes on the EURUSD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURUSD is a major currency pair, i.e. a popular currency paired with USD.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURUSD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURUSD technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURUSD shows the buy signal, and 1 month rating is buy. See more of EURUSD technicals for a more comprehensive analysis.