Today's EUR to ETB Price Update

robot
Abstract generation in progress

Summary

This report provides the real-time exchange rate between the Euro (EUR) and the Ethiopian Birr (ETB), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Euro (EUR) is one of the world’s major fiat currencies, while the Ethiopian Birr (ETB) is the official currency of Ethiopia. The exchange rate between them reflects market conditions in the EUR/ETB currency pair and serves as an important indicator for forex traders operating in East African markets.

Today’s Price

  • 1 EUR = 183.45 ETB (as of 2026-02-19)
  • 24h High: 182.5209 ETB
  • 24h Low: 181.0372 ETB

Market Analysis

The EUR/ETB currency pair is currently exhibiting neutral market sentiment, with technical indicators suggesting a balanced market structure.

  • Technical levels: Key support identified at 178.13 ETB, where accumulated volume may present a buying opportunity with potential for upward reaction
  • Momentum indicator: The 14-day RSI reading stands at 44.86, indicating a neutral position without strong directional bias
  • Trading opportunities: Monitor support levels for potential entry points, as bounces from accumulated volume zones may offer favorable risk-reward setups

Conclusion

Continue to monitor the EUR/ETB pair closely, integrating technical support levels with sentiment analysis. Traders should remain attentive to price action around key support zones and RSI readings for potential trading signals.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)