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 labour market in the U.K. still experiences wage growth. However, more people are dropping out of the workforce. Regular wages excluding bonuse...
U.S. retail sales increased more than expected in March, further evidence that the economy ended the first quarter on solid ground. Strong retail s...
The dollar rose to a five-month high against the pound and euro on Tuesday, a day after stronger-than-expected U.S. retail sales sent Treasury yiel...
The University of Michigan’s preliminary reading on the overall Consumer Sentiment index was reported low, at 77.9 this month, compared to a ...
A rally in the U.S. dollar is accelerating, as stubborn inflation sows doubts over how aggressively the Federal Reserve will be able to cut rates t...
The European Central Bank (ECB) kept interest rates at record highs yesterday but gave a clear signal that it may be preparing to proceed with cuts...
The euro dropped to its lowest level since mid-November on Friday after the European Central Bank signalled it could cut rates as soon as June even...
The U.S. inflation report yesterday shook the markets as it showed that U.S. consumer prices increased more than expected in March leading financia...
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range. By now, a decline wave structure has been completed at 1.0700 alongside a correcti...
EURUSD, “Euro vs US Dollar” The EURUSD pair practically finished a correction wave at 1.0884 and started developing a decline wave because of the news. By now, the quotes...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave at 1.0880. Today the market is forming a decline structure aiming 1.0822. Once this level is reach...
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the signal lines of the indicator. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of ...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave targeting 1.0850. Today the market is forming a consolidation range around this level. A further c...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave, reaching 1.0791. Today, the market may correct towards 1.0845. After the price reaches this leve...
EURUSD, “Euro vs US Dollar” EURUSD quotes have broken above the 200-day Moving Average on D1, indicating a potential uptrend. The RSI has broken the resistance line. In t...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave to 1.0870. Today the market has started a new structure of a decline wave. The first target is...
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.