EURUSD | Euro (EUR) to US Dollar (USD) Rate in the Forex market

Hourly chart of the EUR/USD pair After a very slight correction, the EUR/USD pair went back to moving down on Thursday, October 29. A sell signal from MACD was generated...

EURUSD is in neutral trend according to the Ichimoku cloud indicator. However the Cloud indicator has warned us with several signals so far of the vulnerability of EURUSD. With price...

The Recent Upside breakout above 1.1780 allowed the price levels around 1.1880-1.1900 to be tested where significant bearish pressure and a reversal Head & Shoulders pattern were demonstrated. Recently...

Today the ECB stood pat on all settings of its monetary policy. The pound sterling is trading under pressure of Brexit uncertainty, COVID-19, and risks of imposing negative interest rates...

Intraday Trend-Traders could have considered the recent bearish H4 candlestick closure below 1.1770 as a valid short-term SELL Signal with a potential bearish target located around 1.1700 and 1.1630...

Strong US data: The US GDP for the third quarter gains 33% after falling 30% in the second quarter. The GDP deflator also went up at 3.8%. The country's long-term...

In my morning forecast, I paid attention to the level of 1.1723 and recommended relying on it when making trading decisions. If you look at the 5-minute chart...

The greenback managed to gain about 0.5% for the current week. The slow progress in negotiations on the stimulus package to support the US economy, as well as the uncertainty...

Eurozone October final consumer confidence -15.5 vs -15.5 prelim Economic confidence 90.9 vs 89.6 expected Prior 91.1; revised to 90.9 Industrial confidence -9.6 vs -10.9 expected Prior -11.1; revised...

EUR/USD drops as the US Dollar Index increases in the short term. The pair drops when the index increases, and it grows when the USDX drops. You can see that...