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

    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

    More By This Author:USD Index Price Analysis: Extra Losses In The Pipeline Crude Oil Futures: Extra Downside On The Table EUR/USD Price Analysis: Next On The Upside Comes 1.1000

    Reviews

    • Total Score 0%
    User rating: 0.00% ( 0
    votes )



    Leave a Reply

    Your email address will not be published. Required fields are marked *