EUR/USD Price Analysis: Next On The Upside Comes 1.0617
- EUR/USD manages to gather some traction and trespasses 1.0500.
- There is an initial resistance around 1.0620.
EUR/USD picks up pace and sets aside two consecutive daily retracements and reclaims the area beyond 1.0500 the figure on Wednesday.
Further gains should initially retarget the minor barrier at 1.0617 (September 29) ahead of the weekly peak of 1.0767 (September 12).
Meanwhile, further losses remain on the table as long as the pair navigates the area below the key 200-day SMA, today at 1.0825.
EUR/USD daily chart
(Click on image to enlarge)
EUR/USD
OVERVIEW | |
---|---|
Today last price | 1.0525 |
Today Daily Change | 81 |
Today Daily Change % | 0.56 |
Today daily open | 1.0466 |
TRENDS | |
---|---|
Daily SMA20 | 1.0638 |
Daily SMA50 | 1.08 |
Daily SMA100 | 1.085 |
Daily SMA200 | 1.0827 |
LEVELS | |
---|---|
Previous Daily High | 1.0494 |
Previous Daily Low | 1.0448 |
Previous Weekly High | 1.0656 |
Previous Weekly Low | 1.0488 |
Previous Monthly High | 1.0882 |
Previous Monthly Low | 1.0488 |
Daily Fibonacci 38.2% | 1.0466 |
Daily Fibonacci 61.8% | 1.0476 |
Daily Pivot Point S1 | 1.0445 |
Daily Pivot Point S2 | 1.0424 |
Daily Pivot Point S3 | 1.04 |
Daily Pivot Point R1 | 1.0491 |
Daily Pivot Point R2 | 1.0515 |
Daily Pivot Point R3 | 1.0536 |
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