EUR/USD Surveys

The currency pair EUR/USD by far is the most popular one nowadays, including inseparably linked with it EUR/USD forecast. This currency instrument of binary options is more suitable for those traders who prefer to trade following the EUR/USD news. If you trade using this currency pair you should be aware of the economic picture both in Eurozone and USA, and be aware of declarations made by chiefs of monetary policy regarding economic climate and national currency in the above mentioned countries. The U.S. central bank is the Federal Reserve (Fed), the eurocurrency policy in turn, is guided by the European Central Bank (ERU).


13 July 2016: EUR/USD: general analysis
13 July 2016: EUR/USD: general analysis

Yesterday the EUR/USD pair grew slightly but did not manage to consolidate above the level of 1.1125. The US Dollar gained support when Cleveland Fed President Loretta Mester said in...

11 July 2016: EUR/USD: review and forecast
11 July 2016: EUR/USD: review and forecast

Relatively strong data on US labour market for June was released last Friday. In particular, the US added 287,000 new jobs that is the highest reading since January this year. The in...

The euro could test the level of 1.1023 today
The euro could test the level of 1.1023 today

Sell on a level breakthrough of 1.1023 with 1.0911 target. Stop loss = 1.1073. Reason for the trading strategy In May, Germany's trade balance fell from 24.1 billion to 22.2 bill...

EURUSD: under pressure against the background of industrial production slowdown in Germany
EURUSD: under pressure against the background of industrial production slowdown in Germany

Sell on a level breakthrough of 1.1073 with 1.1023 target. Stop loss = 1.1123. Reason for the trading strategy Yesterday the dollar came under pressure after the publication of the l...

EUR/USD unchanged on Thursday
EUR/USD unchanged on Thursday

© Dukascopy Bank SA "The euro was trimming today's losses and was trading flattish around $1.1070 during the London session, having printed daily lows at $1.1040 during...

EURUSD: consolidation above the level of 1.1023
EURUSD: consolidation above the level of 1.1023

Sell on a level breakthrough of 1.1023 with 1.0911 target. Stop loss = 1.1073. Reason for the trading strategy Currently, there is a second wave of sales of risky assets on the marke...

EUR/USD could be next domino to fall as Brexit concerns mount
EUR/USD could be next domino to fall as Brexit concerns mount

Today, the GBP/USD dropped to a new 31-year low as it breached last Monday’s low at 1.3120 amid ongoing Brexit worries. Helping the pound move towards 1.30 was comments from Ba...

EUR/USD consolidating within the bearish pennant
EUR/USD consolidating within the bearish pennant

July 04, 2016 08:39 The EUR/USD is consolidating within a bearish pennant after a drop caused by Brexit price action. Traders should pay attention to 2 POCs and a possible X cross br...

The euro is eyeing the level of 1.1
The euro is eyeing the level of 1.1

Sell on a level breakthrough of 1.1071 with 1.1000 target. Stop loss = 1.1121.  Reason for the trading strategy Despite the increase in inflationary pressures in the Eurozone (f...

EUR/USD tests key level as Eurozone climbs out of deflation
EUR/USD tests key level as Eurozone climbs out of deflation

Inflation in the Eurozone moved in the positive territory after spending no less than four straights months below zero. According to the Eurostat, the headline ‘flash’ Co...

EURUSD: growth against the background of growing retail sales in Germany
EURUSD: growth against the background of growing retail sales in Germany

Buy on a level breakthrough of 1.1130 with 1.1187 target. Stop loss = 1.1080.  Reason for the trading strategy The retail sales in Germany rose by 0.9% (m/m) in May, with a fore...

EUR/USD passes 1.11 mark on Wednesday
EUR/USD passes 1.11 mark on Wednesday

© Dukascopy Bank SA "The market is pricing in a non-trivial probability of a Fed rate cut over the next couple of months. The Fed is really boxed in now, so the market does...

EURUSD: consolidation above the level of 1.0971
EURUSD: consolidation above the level of 1.0971

Sell on a level breakthrough of 1.0971 with 1.0911 target. Stop loss = 1.1021.  Reason for the trading strategy  Angela Merkel, Germany's Chancellor, said that the impa...

EURUSD downside makes structural progress
EURUSD downside makes structural progress

The bearish engulfing candle broke a bullish trendline to suggest further downside over the near-term, whilst also increasing the odds of a longer-term bearish pattern to evolve.&nbs...

EURUSD: consolidation in the range of 1.0971-1.1178
EURUSD: consolidation in the range of 1.0971-1.1178

Sell on a level breakthrough of 1.0971 with 1.0911 target. Stop loss = 1.1021.  Reason for the trading strategy The EU summit will be held on June 28 and 29. Its main theme will...

EUR/USD makes a key breakdown but will the fall continue?
EUR/USD makes a key breakdown but will the fall continue?

EUR/USD made a key breakdown below major support on Friday after the outcome of the UK’s EU referendum was acknowledged. This breakdown occurred as both the pound and the euro ...

European stocks fall as banks are hit hard
European stocks fall as banks are hit hard

European stocks extended losses on Monday as the fallout from Britain’s decision to leave the European Union (EU) continues, sending the pound falling as well.  London&rsq...

EURUSD: consolidation above the level of 1.0983
EURUSD: consolidation above the level of 1.0983

Sell on a level breakthrough of 1.0983 with 1.0911 target. Stop loss = 1.1023.  Reason for the trading strategy     According to George Soros, the UK's exit f...

EUR/USD slightly recovers on Monday after Brexit slump
EUR/USD slightly recovers on Monday after Brexit slump

© Dukascopy Bank SA "You have to keep asking yourself whether getting involved in GBP or EUR related pairs is really worth it from a risk management perspective." ...

The integration processes in Europe were under attack
The integration processes in Europe were under attack

Sell on a level breakthrough of 1.0911 with 1.0820 target. Stop loss = 1.0981.  Reason for the trading strategy     The political consequences of the referendum i...


EUR/USD Currency Pair - the Most Popular in the Forex Market

EUR/USD currency pair is best lends itself to EUR/USD technical analysis at the time, when the working hours of North American and European stock markets concur with. Just then the exchange market is most volatile and active, fact that creates conditions for the opening of positions with a high probability of success for traders. It should be noted that due to the global popularity and correlations between currencies, Forex EUR/USD currency pair fluctuates quite strongly, and you can also trade successfully out of mentioned range of increased business activity.

Binary options traders who prefer the fundamental analysis, pay attention to EUR/USD news published in authoritative newspapers and trade accordingly, relying on these data. Among such EUR/USD news and analysis could be decisions on interest rates, as well as political or economic events that may affect the price of these two major currencies. For the binary options traders an idea appeared in advance of how an event might affect the dynamics of the currency pair is an obvious and, most likely, profitable trading opportunity. The main nuance of EUR/USD daily forecast as well as when trading with this currency pair, is that on its price fluctuations influence a variety of political and economic factors.

EUR/USD Characteristics

Especially one thing should be taken into account, that the euro is the official currency of many states, therefore it is important to understand that change of situation in any of EU country might have impact on this currency pair and results of sequential EUR/USD Forex analysis.

The bidders should remember one important thing, that this currency pair (as well as associated EUR/USD signals) might change very quickly its direction and range, therefore is needed to react promptly on such changes.

Despite the rather large fluctuations (owing to fact that many major traders open positions in different directions) of Forex euro/dollar when trading with this currency pair, the trend following is more efficient operation, but scalping will bring a minor success.