EUR/USD Price Analysis: Next On The Upside Comes 1.1000

  • EUR/USD extends the bullish move to the 1.0960 zone.
  • Extra advances could revisit the 1.1000 threshold.

EUR/USD climbs for the third session in a row and revisits the 1.0960 zone, or monthly highs, on Monday.

The continuation of the upward bias could see the psychological threshold of 1.1000 revisited ahead of the August top of 1.1064 (August 10).

So far, while above the significant 200-day SMA, today at 1.0810, the pair’s outlook should remain constructive.
 

EUR/USD daily chart

(Click on image to enlarge)


EUR/USD

OVERVIEW
Today last price 1.0954
Today Daily Change 33
Today Daily Change % 0.08
Today daily open 1.0945
TRENDS
Daily SMA20 1.0768
Daily SMA50 1.0654
Daily SMA100 1.0792
Daily SMA200 1.0811
LEVELS
Previous Daily High 1.0949
Previous Daily Low 1.0895
Previous Weekly High 1.0965
Previous Weekly Low 1.0852
Previous Monthly High 1.0695
Previous Monthly Low 1.0448
Daily Fibonacci 38.2% 1.0928
Daily Fibonacci 61.8% 1.0915
Daily Pivot Point S1 1.091
Daily Pivot Point S2 1.0876
Daily Pivot Point S3 1.0857
Daily Pivot Point R1 1.0964
Daily Pivot Point R2 1.0983
Daily Pivot Point R3 1.1017

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Disclosure: Information on this article contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes ...

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