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

The wave pattern on the 4-hour chart for EUR/USD has changed—and unfortunately, not for the better. It's still too early to conclude that the upward trend segment has been canceled...

Trade Analysis and Recommendations for the European Currency A price test at 1.1514 occurred when the MACD indicator had just begun to move upward from the zero mark, confirming...

The EUR/USD pair came to a halt on Wednesday. For more than a week, the euro had been falling, but on Wednesday the decline stopped — and no upward movement...

The British pound recovered slightly yesterday in anticipation that the Bank of England will most likely keep interest rates unchanged today — a rather controversial decision that would...

On Wednesday, the pair moved downward, with support at 1.1472 (blue dotted line), then turned upward, closing the daily candle at 1.1491. Today, the price may continue moving upward...

The test of the price level at 1.1490 coincided with the MACD indicator moving significantly above the zero line, which limited the pair's upward potential. For this reason...

Despite favorable conditions for growth, the U.S. dollar remains unnoticed by market participants. A fairly positive ADP report regarding the U.S. labor market only slightly helped the dollar strengthen...

Several macroeconomic reports are scheduled for Thursday. Germany will release its industrial production report for September, while the Eurozone will publish retail sales data for September. It is important...

The EUR/USD currency pair once again exhibited absurd movements on Wednesday. This time, the market ignored positive U.S. macroeconomic data, reaffirming our assumptions about the illogical current strength...

Gold is trading around $3,984 within the descending trend channel formed on October 22nd and above the 200 EMA and the 21 SMA, suggesting the possibility of an upward move...