EUR/USD Price Analysis: Immediately To The Upside Comes 1.1000
- EUR/USD accelerates its march north and surpasses 1.0980.
- Further upside could see 1.1000 revisited in the short term.
EUR/USD advances further and reaches new monthly highs in the 1.0980/85 band on Tuesday.
The continuation of the upward bias could see the pair challenging the psychological threshold of 1.1000. Beyond this level comes the August top of 1.1064 (August 10).
So far, while above the significant 200-day SMA, today at 1.0812, the pair’s outlook should remain constructive.
EUR/USD daily chart
(Click on image to enlarge)
EUR/USD
OVERVIEW | |
---|---|
Today last price | 1.0979 |
Today Daily Change | 49 |
Today Daily Change % | 0.20 |
Today daily open | 1.0957 |
TRENDS | |
---|---|
Daily SMA20 | 1.0785 |
Daily SMA50 | 1.066 |
Daily SMA100 | 1.0792 |
Daily SMA200 | 1.0812 |
LEVELS | |
---|---|
Previous Daily High | 1.0959 |
Previous Daily Low | 1.0925 |
Previous Weekly High | 1.0965 |
Previous Weekly Low | 1.0852 |
Previous Monthly High | 1.0695 |
Previous Monthly Low | 1.0448 |
Daily Fibonacci 38.2% | 1.0946 |
Daily Fibonacci 61.8% | 1.0938 |
Daily Pivot Point S1 | 1.0935 |
Daily Pivot Point S2 | 1.0913 |
Daily Pivot Point S3 | 1.0901 |
Daily Pivot Point R1 | 1.0969 |
Daily Pivot Point R2 | 1.0981 |
Daily Pivot Point R3 | 1.1003 |
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