EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.
EUR/USD closed in the red for a third consecutive week, ending March just above 1.0767, the monthly low. The US Dollar started the week with a soft tone but started grinding higher on Tuesday, finally gathering momentum late on Thursday amid hawkish comments from Federal Reserve officials.
The EUR/USD pair is currently developing below the 61.8% Fibonacci retracement of the 1.0694/1.0981 rally at 1.0803, which skews the risk to the downside. The daily chart for EUR/USD shows the pair remains below all its moving averages, with a flat 200 Simple Moving Average (SMA) converging with the next Fibonacci resistance level at 1.0835. Finally, technical indicators extended their slides within negative levels, maintaining their downward slopes and anticipating lower lows ahead. confirm signal eurusd sell
EUR/USD closed in the red for a third consecutive week, ending March just above 1.0767, the monthly low. The US Dollar started the week with a soft tone but started grinding higher on Tuesday, finally gathering momentum late on Thursday amid hawkish comments from Federal Reserve officials.
The EUR/USD pair is currently developing below the 61.8% Fibonacci retracement of the 1.0694/1.0981 rally at 1.0803, which skews the risk to the downside. The daily chart for EUR/USD shows the pair remains below all its moving averages, with a flat 200 Simple Moving Average (SMA) converging with the next Fibonacci resistance level at 1.0835. Finally, technical indicators extended their slides within negative levels, maintaining their downward slopes and anticipating lower lows ahead. confirm signal eurusd sell
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eurusd sell