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eurusd This is the most popular currency pair in the world, representing the world’s two largest economies. The Euro was created to facilitate cross-border trade of European trading partners. Since its inception in 1999, the pair has faced considerable volatility as the world has faced multiple events of volatility such as the tech boom becoming the tech bust, the real estate bubble, and the European Debt Crisis which still has yet to find long-term resolution.
All forex trades involve the simultaneous purchase of one currency and sale of another, but the currency pair itself can be thought of as a single unit, an instrument that is bought or sold. If you buy a currency pair, you buy the base currency and implicitly sell the quoted currency. The bid (buy price) represents how much of the quote currency you need to get one unit of the base currency. Conversely, when you sell the currency pair, you sell the base currency and receive the quote currency. The ask (sell price) for the currency pair represents how much you will get in the quote currency for selling one unit of base currency.
For example, if the USD/EUR currency pair is quoted as being USD/EUR = 1.5 and you purchase the pair, this means that for every 1.5 euros that you sell, you purchase (receive) $1 in U.S. currency. If you sold the currency pair, you would receive 1.5 euros for every $1 you sell. The inverse of the currency quote is EUR/USD, and the corresponding price would be EUR/USD= 0.667, meaning that 66.7 cents in U.S. currency would buy 1 euro.
EURUSD forecast Euro The currency pair EUR/USD continues to move within the framework of growth. At the moment, we should expect an attempt to test the level of 1.2050 and start falling below the level of 1.1650 as part of the development of the «Head and Shoulders» reversal model. In favor of falling quotations EUR/USD is a
EURUSD forecast Euro The currency pair EUR/USD continues to be traded within the framework of the rising channel. At the moment, we should expect an attempt to test the level of 1.1875 and continue the growth above the level of 1.21 as part of the development of the reversal model «Head and Shoulders». EURUSD forecast Euro Dollar
EURUSD forecast Euro The foreign money pair eur/usd continues to be traded inside the framework of the rising channel. In the meantime, we need to expect an strive to check the level of one.1875 and continue the boom above the level of one.21 as part of the improvement of the reversal version «head and shoulders».
EURUSD forecast The EURUSD increased 0.0019 or 0.16% to 1.1954 on Monday, September 18 from 1.1935 in the previous trading session. Historically, the Euro-Dollar Exchange Rate – EUR/USD reached an all-time high of 1.87 in July of 1973 and a record low of 0.70 in February of 1985. The euro was only introduced as a
EURUSD forecast Euro The EURUSD increased 0.0016 or 0.13% to 1.1937 on Monday, September 18 from 1.1921 in the previous trading session. Historically, the Euro-Dollar Exchange Rate – EUR/USD reached an all-time high of 1.87 in July of 1973 and a record low of 0.70 in February of 1985. The euro was only introduced as