Free live real-time daily and intraday EUR/USD price charts for trading.
For weekly & monthly charts (48+ years) go to Long-term Historical EUR/USD Charts.
EUR/USD Chart – Daily Candlesticks
EUR/USD Intraday Chart – 4 Hour Candlesticks
EUR/USD Intraday Chart – 1 Hour Candlesticks
EUR/USD Information for Forex Traders
Note: In India, Foreign Exchange or Forex trading is not allowed!
What is the EUR/USD?
The Euro is the official currency of 19 of the 27 member states of the European Union (EU). The currency code for Euro is EUR and the currency symbol is €.
The U.S. Dollar is the official national currency of the United States of America (USA). The currency code for U.S. Dollars is USD and the currency symbol is $, often used as US$ to differentiate from more than 20 other dollar currencies, e.g. Austalian dollar (AU$), Canadian dollar (CA$).
The EUR/USD or Euro/U.S. Dollar Forex pair tells you how many U.S. Dollars you need to buy one Euro.
The EUR/USD is the most widely traded pair in the world because the European Union (EUR) and the United States (USD) are two of the biggest economies that import/export a lot to each other.
The U.S. Dollar is the most traded and widely held currency and the Euro is the second most popular currency in the world.
The EUR/USD is also one of the major Forex trading pairs.
What key factors affect the EUR/USD?
You can trade forex 24-hours a day, but especially for short term traders it is important to know which are the most important trading sessions.
For EUR/USD the most active and volatile time is between 08:00 and 22:00 GMT when London and/or New York are open.
Day traders should ideally trade between 07:00 and 20:00 GMT when the EUR/USD is most actively traded and as a result the spreads are minimal. The biggest moves of the day occur often between 13:00 and 16:00 GMT when the London and New York are both open and the sessions overlap each other.
Central Banks & Interest Rates
Probably the most important factor that influences the EUR/USD price is the difference in interest rate between the Euro and U.S. Dollars. Therefore, traders follow closely all actions of the Europe Central Bank (ECB) and the U.S. Federal Reserve (FED). It is important to know what these central banks are saying (meetings, press conferences, speeches) and doing (interest rates, interventions in the market).
Economic News & Reports
Another important factor to consider for traders is all economic news and reports of both economies, e.g. gross domestic product (GDP), economic growth, inflation, employment numbers, trade balance, retail sales, sentiment surveys…
- Good economic news from the European Union will tend to make then EUR/USD stronger and vice versa.
- Good economic news from the United States will tend to make the EUR/USD weaker (because the USD becomes stronger) and vice versa.
Any political issue in the European Union or the United States can affect the EUR/USD pair.