MetaTrader 4 Tips & Tricks: 31 Shortcuts and Features (2026)
October 22, 2026
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Free forex tool · Euro / US dollar
A real-time euro to US dollar chart, plus a live session clock, a pip value calculator and the economic events that move EURUSD most. Everything on one page, free to use.
Chart data supplied by TradingView and shown in your local time zone. Prices are indicative: the price and spread on your broker's platform may differ slightly.
Checking market hours…
Times follow each city's own clock, so daylight-saving changes are handled automatically. Your time now: –.
EURUSD shows how many US dollars one euro buys. If the chart reads 1.0850, one euro costs 1.0850 dollars. When the line rises, the euro is strengthening against the dollar; when it falls, the dollar is strengthening.
Use the timeframe buttons at the top of the chart to switch views. Short timeframes such as 5 or 15 minutes show intraday noise and reactions to news. The 1-hour and 4-hour charts show the swings most short-term traders watch, and the daily chart shows the wider trend. Each candle shows the opening, highest, lowest and closing price for that period.
Two terms worth knowing: a pip is the standard unit of price movement, 0.0001 on EURUSD, so a move from 1.0850 to 1.0870 is 20 pips. The spread is the gap between the buy and sell price your broker quotes, and it is a cost on every trade.
Forex trades around the clock from Sunday evening to Friday evening, but activity is not even. EURUSD is usually most active, with the most liquidity (buyers and sellers in the market), when European and US traders are both at their desks.
| Session | Local hours | UK time (approx.) | What it usually means for EURUSD |
|---|---|---|---|
| Sydney | 08:00–17:00 | 22:00–07:00 | Week opens; generally quiet for EURUSD |
| Tokyo | 09:00–18:00 | 00:00–09:00 | Often narrow ranges; spreads can be wider |
| London | 08:00–17:00 | 08:00–17:00 | Volume picks up sharply; European data released |
| New York | 08:00–17:00 | 13:00–22:00 | US data and Federal Reserve news |
| London–New York overlap | – | 13:00–17:00 | Typically the busiest window of the day |
UK times shift by an hour for a few weeks in spring and autumn, when the UK, US and Australia change their clocks on different dates. The session clock above always shows the current position.
EURUSD reacts most to news about interest rates and inflation in the eurozone and the US, because those decide where money earns the better return. These are the releases to watch. Check our economic calendar for exact dates and times.
| Event | Who / how often | Why it matters |
|---|---|---|
| ECB interest rate decision | European Central Bank, about every six weeks | Sets eurozone rates; the press conference often moves the euro more than the decision itself |
| FOMC rate decision | US Federal Reserve, eight times a year | Sets US rates; the biggest scheduled driver of the dollar |
| US Non-Farm Payrolls | US jobs report, usually the first Friday of the month | A strong or weak jobs number shifts expectations for US rates |
| US CPI inflation | Monthly | Higher inflation can mean higher US rates for longer |
| Eurozone flash inflation (HICP) | Monthly, around the turn of the month | The first read on prices the ECB targets |
| PMI surveys | Eurozone and US, monthly | Early signal of economic strength or weakness |
Around these releases, spreads can widen and prices can jump past stop levels (called slippage). Many traders and automated systems reduce activity in the minutes either side of high-impact news.
EURUSD is the most traded currency pair in the world, according to the Bank for International Settlements' Triennial Survey. That depth of trading is why its spreads are typically among the tightest available, and why it is the pair many automated trading systems start with.
A cent account is a real-money account where balances are shown in US cents: a $100 deposit appears as 10,000 cents and each pip is worth far less. It lets traders test live execution with smaller amounts, although it is still real money and carries the same risks.
Nexus is a rules-based Expert Advisor (EA), software that trades automatically in MetaTrader 4 or 5 and only opens a position when its rules are met. Our public Myfxbook account is a real-money USD cent account running the Nexus EURUSD EA, so you can check every trade, its equity curve and its drawdown (the fall from a peak to a low before recovery), including the losing periods. Cent figures divided by 100 give the US-dollar equivalent.
The best way to judge it is side by side: watch the live account, then run Nexus on your own demo account for 60 days, free.
Yes. The chart streams live market data from TradingView during forex market hours. It is an indicative price; the exact price and spread you can trade at come from your own broker.
Every broker sources prices from its own liquidity providers and adds its own spread, so quotes can differ by a fraction of a pip. Your broker's platform is the price that counts for your trades.
Usually during the London session and especially the London–New York overlap, roughly 13:00 to 17:00 UK time. Activity is generally lower during the Asian session and late on Friday.
Mainly the gap between eurozone and US interest rates and expectations for them: ECB and Federal Reserve decisions, inflation data, jobs reports and business surveys. Unexpected news and wider risk sentiment can also move it sharply.
For an account in US dollars, one pip is worth $10 on a standard lot (1.00), $1 on a mini lot (0.10) and $0.10 on a micro lot (0.01). On a USD cent account, one pip on 1 lot is worth 10 cents. Use the calculator above for your own trade size.
Yes. The Nexus EURUSD EA runs on a public real-money cent account tracked by Myfxbook, with full trade history and drawdown visible. You can also test the EA free on your own demo account for 60 days.
Risk warning: Trading forex and CFDs involves significant risk of loss. Past performance does not guarantee future results. Only trade with money you can afford to lose. The information on this page is general education, not financial advice. Nexus Forex Trading provides trading software and education.
