Currency pair EURUSD represent the relation of EU currency - euro against US dollar. Base currency in this pair is the euro and quoted - US dollar. The euro / dollar is the most popular currency pair in the Forex market. Nearly a half of all trading speculation in the exchange market is carried out with the participation of this pair. The main distinctive features of this trading symbol are high volatility and liquidity. This tool belongs to the major trading symbols. Thanks to the activity and popularity of currency pair EURUSD, as the trading instrument, is seldom chosen both by beginners and by professional players of the Forex market.
The yen was headed for its biggest weekly gain in 16 months on Friday, helped by Japan's suspected intervention this week to pull the...
Eurozone inflation held steady as expected in April. The ECB is expecting a rate cut on June 6, provided there is no surprise in wage or price deve...
The dollar edged towards its highest level this year against a basket of peers and U.S. share futures dipped on Wednesday ahead of a Federal Reserv...
The yen dropped against the dollar yesterday quite heavily, wiping out some recent gains sparked by suspected intervention by Japanese authorities....
The yen dropped against the dollar on Tuesday, giving up some of its sharp gains the previous day sparked by suspected intervention by Japanese aut...
The Bank of Japan (BOJ) kept interest rates steady on Friday and highlighted that inflation was on track to durably hit its target of 2% in coming ...
The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, comin...
U.S. economic growth (GDP change) slowed more than expected in the first quarter, but a surprisingly hot quarterly Personal Consumption Expenditure...
EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a growth wave, reaching 1.0752, and declined to 1.0673. Practically, the market continues to form a wide consolid...
EURUSD, “Euro vs US Dollar”EURUSD quotes are below the 200-day Moving Average on D1, indicating a prevailing downtrend. The RSI is testing the resistance line. In this si...
EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a growth wave towards 1.0733 and a decline link to 1.0678. Practically, the boundaries of a consolidation range h...
EURUSD, “Euro vs US Dollar”EURUSD is testing the upper boundary of the descending channel. The pair is going inside the Ichimoku Cloud, which suggests a sideways movement...
EURUSD, “Euro vs US Dollar”The EURUSD pair continues developing a consolidation range around 1.0700. A growth link to 1.0717 is expected. Next, a decline link targeting 1...
EURUSD, “Euro vs US Dollar” The EURUSD pair escaped the consolidation range upwards and completed a growth link at 1.0710. Today it might drop to 1.0666 (testing from abo...
EURUSD, “Euro vs US Dollar” EURUSD is rising towards the upper boundary of a Wolfe Wave descending pattern. The pair is going inside the Ichimoku Cloud, which suggests a ...
EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0650 without any strong trend. A price rise to 1.0693 is not ruled out, followe...
The most actively EURUSD currency pair is traded in Western Europe and the USA. Trading sessions of the largest centers of a currency pair turnover approximately match on time, therefore, generally movements of the couple on a price chart activity, rather smoothly with the small periods. The euro / dollar is guided by the movement of a trend, by means of the graphical analysis, it is possible to allocate a trend using levels of support and resistance.
The traders who chose this couple as a trading instrument should pay attention to the economic events, and also other fundamental factors in Western Europe and the USA, including monetary policy of the US Federal Reserve and European Central Bank, a difference of key interest rates of the Fed and European Central Bank, reports of large corporations, and also the dynamics of the commodity markets. Another important factor having an impact on a currency pair EURUSD is geopolitical changes.
For today, the common currency of the EU and world reserve currency — US dollar, represent the largest part of global currency mass and the most liquid couple EURUSD.