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EURUSD Rate Today - Live Price Feeds & Historical Data

You are reading this article because you want to know EURUSD meaning. The EURUSD is the shortened term for the euro against the United States dollar. The meaning of buying EURUSD simultaneously is when you buy euro and sell it for the dollar.

According to recent estimates, the EUR USD currency pair accounts for about a third of all transactions in the global foreign exchange market.

EURUSD
0.96886

Previous Close: 0.96886

Open: 0.9838

High: 0.98515

Low: 0.96678

Buy

0.96886

Sell

0.96895

Other Forex Instruments
1.48385
Sell
1.48421
Buy
1.06422
Sell
1.06461
Buy
0.57436
Sell
0.57454
Buy
0.98128
Sell
0.98151
Buy
0.89324
Sell
0.89346
Buy
0.95075
Sell
0.95101
Buy
1.47409
Sell
1.47495
Buy
1.68656
Sell
1.6871
Buy
0.65284
Sell
0.65296
Buy
1.08447
Sell
1.08469
Buy
155.444
Sell
155.481
Buy
1.13643
Sell
1.13678
Buy
82.319
Sell
82.346
Buy

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T1Markets
T1Markets
Crypto Pairs Live Prices
8.29
Sell
Buy
1.2023
Sell
Buy
53.93
Sell
Buy
41.34
Sell
Buy
18826.85
Sell
Buy
0.458
Sell
Buy
1299.05
Sell
Buy
Commodities Pairs Live Prices
877.25
Sell
Buy
675.07
Sell
Buy
2.4013
Sell
Buy
3.3445
Sell
Buy
6.8585
Sell
Buy
1645.12
Sell
Buy
86.6
Sell
Buy

Interpreting EUR USD Live Chart

Reading EURUSD live chart is an essential technical analysis skill. EURUSD chart live provides useful information such as market sentiment or possible trend changes using specific numbers. However, mastering this skill can seem daunting and confusing.

The MetaTrader platform offers three different options for monitoring exchange rate changes in real-time: line charts, bar charts, or candlestick charts. Forex trading software, such as MT4, allows you to switch between these types of charts by choosing View - Toolbars - Standard from the menu.

How do the line charts and candlestick charts compare?

A line chart is a very simple technique for displaying price movement. It displays information on one line using a series of dots. This is a graph EUR USD that you might see in different magazines and newspapers that shows the market sentiment and the trend of an asset.

To understand candlestick charts, you need to know what price movement is, not as a line, but as a series of candles.

Forex traders prefer Forex candlestick charts because they show much more information than a line chart and can therefore be much more helpful in making trading decisions.

Namely, if we display a EUR USD candlestick chart for 30 minutes, each candle will form within 30 minutes. Likewise, if the chart is drawn within 15 minutes, the candlestick will take 15 minutes to form.

Let's consider a specific case. If we take two charts showing the price dynamics for the EUR USD trading pair with a range of 1 hour. The first one with 15-minute candles and the other with 5-minute candles.

On a 15 minute chart, the hourly timeframe creates 4 candles over this period.

On the 5 minute chart, we will see 12 candles for the same timeframe. So we can get more detailed information about what happened in that hour.

Thus, if two charts represent the price action of the same asset, the hourly timeframe will show price action over a much longer period than the EUR USD minute chart. But on the last one, there will be more details.

News EURUSD

Forex traders can get ideas and make their forecasts with EURUSD news today. The European Central Bank (ECB) has a significant impact on the EUR USD FX rate. To correctly determine the direction of movement of EUR USD, it is important to monitor euro Forex news regarding the bank's monetary policy and its interest rates.

Other important economic indicators that can help predict the fluctuation of the euro include:

  1. ZEW Economic Sentiment Index
  2. PMI
  3. Consumer Price Index
  4. 10-Year Bond Auction

The release of US economic statistics like the employment data, jobless claims, CPI retail sales growth, PMI, interest rate decision also affects fx rate EUR to USD.

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