Eurusd Trading News

Find the latest eur usd eurusd x currency exchange rate plus historical data charts relevant news and more.

Eurusd trading news. Dailyfx is the leading portal for financial market news covering forex commodities and indices. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in 1999. Usd eur eur x strengthening the correction for five consecutive trading sessions the price of the eur usd pair is trying hard to strengthen the opportunity for an upward correction and break through the 1 1200 psychological resistance but the pair gains did not exceed the 1 1163 level despite the announcement of many important economic data and influential. After hitting a new two year high of 1 1916 eur usd is now trading in the middle of today s range at 1 1865 and needs a new driver to make or break the recent rally.

For me i cant take short as it is now as i see the pair still supported above 1 1800 also we have trend line support. Eurusd is in a range bound and the beginning of uptrend is expected. There is a possibility of temporary retracement to suggested support line 1 129. Analysis of eurusd here we have the pair formed a double top with rsi divergence and failed to close above 1 1900 which usually indicates a reversal and could be triggered by today s news.

Eur usd euro us 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. Check our updated for eurusd news including real time updates forecast technical analysis and the economic latest events from the best source of forex news. If so traders can set orders based on price action and expect to reach short term targets.