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

    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

    More By This Author:USD Index Price Analysis: A Deeper Drop Emerges Below 103.00 Natural Gas Futures: Scope For Extra Decline Euro Climbs To Daily Highs Near 1.0920 Prior To De Guindos Speech, US PMIs

    Reviews

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



    Leave a Reply

    Your email address will not be published.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