Approximately 22.7% of daily forex trades. This pair, often called “Fiber,” is the most traded due to the economic strength of the Eurozone and the United States, offering high liquidity and tight spreads.
The US dollar is headed for its biggest weekly drop in eight months as markets ramp up bets on Federal Reserve rate cuts amid softer inflation and weak retail sales. This shift sends Treasury yields lower and lifts the euro, pound, and yen as investors anticipate easing monetary policies.
Amundi forecasts the euro to gradually strengthen against the dollar by 2026 but expects resistance below 1.25 to limit gains. Interest rate convergence and a Eurozone rebound support modest appreciation amid ongoing geopolitical and structural challenges.
EUR/USD fell last week amid a stronger US dollar and growing concerns about Eurozone growth and inflation. Technicals show support near 1.0930 and 1.0885; a break below could deepen losses. Resistance lies at 1.1000 and 1.1040, with bearish momentum evident as the pair struggles to hold above key moving averages. RSI near 50 suggests indecision while MACD hints at possible downside continuation. Traders should watch these levels closely for clues on the next directional move. Analysis adapted from Mahmoud Abdallah, DailyForex.com.
As 2025 approaches, GBP/USD and EUR/USD remain in focus as traders weigh BoE caution against Fed resilience and ECB-Fed policy divergence. Key trade setups point to GBP/USD testing resistance near 1.27 and EUR/USD facing bearish pressure. Watch technical levels and data releases closely.
Key FX option expiries for November 27 at the 10AM New York cut include large notional strikes in EUR/USD at 1.0950 and USD/JPY at 150.00. These levels often act as magnets for spot prices ahead of expiry, influencing short-term volatility and trader positioning. Monitoring these expiries can help anticipate price consolidation or movement during today’s session.
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EUR/USD holds firm above 1.1600 as the US dollar weakens amid cooling Fed rate hike expectations and mixed economic data. Eurozone stability and improved risk appetite support the euro’s advance with key resistance near 1.1650–1.1670. Traders eye whether bullish momentum can sustain in the coming weeks. Report via Forex Crunch, based on original FXStreet analysis.
EUR/USD edges toward 1.16 as US jobless claims fall more than expected, but markets remain unconvinced of a shift in Fed policy. Strong labor data fails to boost yields or dollar, supporting the euro amid expectations of a less aggressive Fed and steady ECB stance.
EUR/USD shows bearish momentum after failing to hold above 1.0900. Strong US dollar supported by hawkish Fed contrasts with ECB’s dovish stance and slowing Eurozone growth. Watch key supports at 1.0800 and 1.0760 for potential downside moves. Original analysis by DailyForex.com, Mahmoud Abdallah.
Master forex trading by focusing on market structure and price action. Learn to read trends, reversals, and key levels without indicator clutter. This approach helps anticipate moves, improve entries, and manage risk more effectively. Insights inspired by KB Trading’s strategy.
