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Live EUR/USD priceEuro to US Dollar
Daily EURUSD technical analysis is prepared by Traders Union analyst Anton Kharitonov.
EUR/USD indicator-based signals are prepared automatically on the basis of technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe you need to find out EUR/USD signals.
NOTE!
Signals may differ on different timeframes. If you want to hold the EUR/USD for longer than 1 week/1 month, it is best to use the signals on daily and weekly timeframes. Timeframes from 5 minutes to 1 hour are best suitable for short-term transactions.
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| Time GMT | Country | Macroeconomic Indicator | Previous Level | Forecast | Actual Level |
|---|---|---|---|---|---|
| 11:30 |
GBP
|
M4 Money Supply | 0.5%, -1.2% | 0.4% | |
| 11:30 |
GBP
|
Net Lending to Individuals | 2.9B | 1.7B | |
| 12:00 |
EUR
|
Gross Domestic Product | 0.0%, 0.1% | 0.1%, 0.2% | |
| 15:30 |
CAD
|
Gross Domestic Product | 0.6%, 0.9% | 0.3% | |
| 15:30 |
USD
|
Employment Cost Index | 0.9% | 1.0% | |
| 16:00 |
USD
|
House Price Index | -0.1% | 0.1% | |
| 16:00 |
USD
|
Case-Shiller 20 City | 6.6% | 6.7% | |
| 16:45 |
USD
|
Chicago PMI | 41.4 | 44.9 | |
| 17:00 |
USD
|
CB Consumer Confidence | 104.7 | 104.0 | |
| 12:00 |
EUR
|
Consumer Price Index | 2.4% | 2.4% | |
| 12:00 |
EUR
|
Consumer Price Index - Core | 2.9% | 2.6% | |
| 12:00 |
IT
|
Consumer Price Index | 0.1%, 1.3% | 0.2%, 1.0% | |
| 02:01 |
GBP
|
BRC Shop Price Index | 1.3% | 0.8% | |
| 02:30 |
JPY
|
Unemployment Rate | 2.6% | 2.5% | 2.6% |
| 02:50 |
JPY
|
Retail Sales | 1.7%, 4.7% | -0.2%, 2.4% | -1.2%, 1.2% |
| 02:50 |
JPY
|
Industrial Production | -0.6%, -3.9% | 3.4% | 3.8%, -6.7% |
| 04:00 |
NZD
|
ANZ Business Confidence | 22.9 | 14.9 | |
| 04:30 |
CNY
|
Manufacturing PMI | 50.8 | 50.3 | 50.4 |
| 04:30 |
CNY
|
Non-Manufacturing PMI | 53.0 | 52.2 | 51.2 |
| 04:30 |
AUD
|
Retail Sales | 0.2% | 0.2% | -0.4% |
| 04:30 |
AUD
|
Private Sector Credit | 0.5%, 5.0% | 0.4% | 0.3%, 5.1% |
| 04:45 |
CNY
|
Markit Manufacturing PMI | 51.1 | 51.0 | 51.4 |
| 08:00 |
JPY
|
Housing Starts | 0.795M, -8.2% | 0.800M, -7.5% | 0.760M, -12.8% |
| 08:30 |
FR
|
Gross Domestic Product | 0.1%, 0.8% | 0.1%, 0.8% | 0.2%, 1.1% |
| 08:30 |
FR
|
Consumer Spending | 0.1% | 0.2% | 0.4% |
| 09:00 |
GER
|
Retail Sales | -1.9%, -2.7% | 1.3% | 1.8%, 0.3% |
| 09:00 |
GER
|
Import Prices | -0.2%, -4.9% | 0.2%, -3.8% | 0.4%, -3.6% |
| 09:45 |
FR
|
Consumer Price Index | 0.2%, 2.3% | 0.5%, 2.1% | 0.5%, 2.2% |
| 10:00 |
CHF
|
KOF Economic Barometer | 100.4 | 102.1 | 101.8 |
| 10:00 |
SPA
|
Gross Domestic Product | 0.6%, 2.0% | 0.4%, 1.9% | 0.7%, 2.4% |
| 10:55 |
GER
|
Unemployment Rate | 5.9% | 5.9% | 5.9% |
| 10:55 |
GER
|
Unemployment Change | 4K | 7K | 10K |
| 11:00 |
GER
|
Gross Domestic Product | -0.3%, -0.4% | 0.1% | 0.2%, -0.9% |
| 11:00 |
IT
|
Gross Domestic Product | 0.1%, 0.7% | 0.1%, 0.4% | 0.3%, 0.6% |
| 11:30 |
GBP
|
Mortgage Approvals | 60.5K | 61K | 61.3K |
The USA and Europe are the largest open economies in the world. The two regions have close trade ties that determine the equilibrium of the balance of payments. Both regions are interested in maintaining a certain corridor of the price for supporting both importers and exporters. A strong drawdown of euro in recent months can be explained by two factors: internal problems of certain EU countries (high public debt, issues of the banking systems in Italy and Spain), as well as high dependence of the EU on the energies, which the Euro zone is experiencing problems with due to the geopolitical conflict.
Key factors impacting the EUR/USD price:
Macroeconomic statistics. The discount rate, inflation, level of unemployment, quantitative easing policy, public debt, etc. Releases of statements of central banks’ representatives, and information about the prospects of the monetary policy have a short-term impact.
Value of other assets. EUR/USD is seen by the US traders as a speculative asset. When the US stock indices are moving upwards, the money moves from the US dollar to the stock market.
Trade wars. Particularly the ongoing economic and political confrontation between the U.S. and China. Introduction of duties, sanctions between these two countries impacts the level of the U.S. import and export and therefore impacts the USD price. The EU is not involved in the trade wars.
Price of energy resources. The oil and gas price has an indirect impact on the price. The U.S. is one of the largest oil importers. At the same time, the country has plenty of its own resources unlike the energy-dependent Europe.
Institutional investors have a short-term impact on the price of the currencies.
Indicator-based tool in this article can reveal the current strength or weakness of EURUSD. However, it's important to note that while these analyses provide valuable insights, they cannot offer 100% predictions due to the multitude of factors influencing currency prices, such as economic data, geopolitical events, and market sentiment.
To trade EURUSD with news effectively, first, stay updated on economic indicators and geopolitical events that influence EURUSD prices. Assess market sentiment surrounding the news and use technical analysis to identify entry and exit points. Implement sound risk management strategies and be prepared to act swiftly during major announcements to optimize trading outcomes. All these news, indicators and price analysis you can find on this page.
Many analysts believe that the dollar may have a fundamental advantage over the euro, citing the stronger growth potential and overall health of the US economy. To understand whether EURUSD is bullish or bearish currently, this page offers two indicator-based tools that signal the prevailing market sentiment. Utilizing these tools, traders can assess bullish or bearish behavior based on their chosen timeframe.
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).
