Today's USD to ETB Price Update

UnluckyMiner · 2026-02-02T17:00:35+00:00

This report details the current exchange rate of the U.S. Dollar (USD) to Ethiopian Birr (ETB), emphasizing market dynamics, volatility, and trading opportunities based on technical analysis and support levels.

UnluckyMiner

2026-02-02 17:00:35

Abstract generation in progress

Summary

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

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Ethiopian Birr (ETB) is the official currency of Ethiopia. The exchange rate between them reflects market conditions and the relative strength of both currencies in the forex market.

Today’s Price

1 USD = 154.29 ETB (as of 2026-02-02)
24h High: 156.73 ETB
24h Low: 155.92 ETB

Market Analysis

Recent USD/ETB price movements show notable volatility within a defined range. According to market forecasts, the USD/ETB exchange rate is expected to decline to 154.66 ETB in the next 24 hours, representing a -0.35% decrease.

Technical levels: Key support identified at 154.10 ETB, which may present a buying opportunity as an upward reaction can be expected when this support holds
Risk note: Short-term volatility within the current range may continue as traders react to support and resistance levels
Trading opportunities: Monitor support at 154.10 ETB for potential long entries, with attention to movement toward resistance levels identified in the 24-hour high zone

Conclusion

Continue to monitor the USD/ETB pair closely, integrating technical analysis with support and resistance levels. Traders should remain alert to price action around the identified support zone and watch for potential breakout opportunities in either direction.

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