EUR/USD Price Analysis – Next On The Upside Comes 1.0945


  • EUR/USD comes under pressure following new highs near 1.0900.
  • Extra upside should retarget the mid-1.0900s in the near term.
  • EUR/USD surrenders part of the recent advance to three-month highs just below 1.0900 the figure on Wednesday.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, the pair’s outlook should remain constructive.
     EUR/USD daily chart

    EUR/USD

    OVERVIEW Today last price 1.0848 Today Daily Change 45 Today Daily Change % -0.32 Today daily open 1.0883 TRENDS Daily SMA20 1.0642 Daily SMA50 1.0624 Daily SMA100 1.0792 Daily SMA200 1.0803 LEVELS Previous Daily High 1.0888 Previous Daily Low 1.0693 Previous Weekly High 1.0756 Previous Weekly Low 1.0656 Previous Monthly High 1.0695 Previous Monthly Low 1.0448 Daily Fibonacci 38.2% 1.0813 Daily Fibonacci 61.8% 1.0767 Daily Pivot Point S1 1.0755 Daily Pivot Point S2 1.0627 Daily Pivot Point S3 1.056 Daily Pivot Point R1 1.0949 Daily Pivot Point R2 1.1016 Daily Pivot Point R3 1.1144

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