EUR/USD Price Analysis: Outlook Shifts To Constructive Above 1.0800
- EUR/USD shoots past the 1.0800 barrier, or multi-week highs.
- Extra gains appear on the cards above 1.0800.
EUR/USD picks up extra pace and surpasses the 1.0800 hurdle for the first time since early September.
A clear breakout of the 200-day SMA, today at 1.0801, should shift the pair’s outlook to a more constructive one and open the door to a potential challenge of the weekly high of 1.0945 (August 30).
EUR/USD daily chart
EUR/USD
| OVERVIEW | |
|---|---|
| Today last price | 1.0814 |
| Today Daily Change | 138 |
| Today Daily Change % | 1.07 |
| Today daily open | 1.0699 |
| TRENDS | |
|---|---|
| Daily SMA20 | 1.0627 |
| Daily SMA50 | 1.0621 |
| Daily SMA100 | 1.0793 |
| Daily SMA200 | 1.0802 |
| LEVELS | |
|---|---|
| Previous Daily High | 1.0706 |
| Previous Daily Low | 1.0665 |
| Previous Weekly High | 1.0756 |
| Previous Weekly Low | 1.0656 |
| Previous Monthly High | 1.0695 |
| Previous Monthly Low | 1.0448 |
| Daily Fibonacci 38.2% | 1.069 |
| Daily Fibonacci 61.8% | 1.0681 |
| Daily Pivot Point S1 | 1.0674 |
| Daily Pivot Point S2 | 1.0649 |
| Daily Pivot Point S3 | 1.0633 |
| Daily Pivot Point R1 | 1.0715 |
| Daily Pivot Point R2 | 1.0731 |
| Daily Pivot Point R3 | 1.0756 |
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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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