EUR/USD Price Analysis: Above 1.0945 Comes 1.1000


  • EUR/USD adds to the monthly rally and revisits 1.0940.
  • Next on the upside comes the 1.1000 threshold.
  • EUR/USD adds to the ongoing optimism and reaches a new three-month peak around 1.0940 at the beginning of the week.The continuation of the upward bias could see the weekly high of 1.0945 (August 30) revisited sooner rather than later. Once cleared, spot could challenge the psychological threshold of 1.1000.So far, while above the significant 200-day SMA, today at 1.0805, the pair’s outlook should remain constructive.
     EUR/USD daily chart

    EUR/USD

    OVERVIEW Today last price 1.0922 Today Daily Change 43 Today Daily Change % 0.12 Today daily open 1.0909 TRENDS Daily SMA20 1.0686 Daily SMA50 1.0633 Daily SMA100 1.0792 Daily SMA200 1.0805 LEVELS Previous Daily High 1.0909 Previous Daily Low 1.0825 Previous Weekly High 1.0909 Previous Weekly Low 1.0665 Previous Monthly High 1.0695 Previous Monthly Low 1.0448 Daily Fibonacci 38.2% 1.0877 Daily Fibonacci 61.8% 1.0857 Daily Pivot Point S1 1.0853 Daily Pivot Point S2 1.0797 Daily Pivot Point S3 1.0768 Daily Pivot Point R1 1.0937 Daily Pivot Point R2 1.0965 Daily Pivot Point R3 1.1021

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