- The EUR/USD sees its recent strong advance momentarily halted.
- The resumption of the bullish bias should target the 1.0900 level.
EUR/USD is under pressure after hitting fresh nine-month highs around 1.0870 on Friday.
Despite the tensions, the bulls continue to control the mood around the pair for now. Conversely, higher up is the year-to-date high at 1.0867 (Jan 13) and then the round 1.0900 level should appear on the short-term horizon.
Furthermore, as long as it remains above the short-term support line near 1.0550, the pair should maintain its bullish outlook.
Longer-term, constructive view remains as long as it is above the 200-day SMA at 1.0308.
EUR/USD day chart
EUR/USD
Overview | |
---|---|
Last price today | 1,082 |
Today I change daily | 64 |
today’s daily variation | -0.29 |
today’s daily opening | 1.0852 |
Trends | |
---|---|
daily SMA20 | 1.0647 |
daily SMA50 | 1.0485 |
daily SMA100 | 1.0182 |
daily SMA200 | 1.0311 |
levels | |
---|---|
previous daily high | 1.0867 |
previous daily low | 1.0731 |
Previous Weekly High | 1,071 |
previous weekly low | 1.0483 |
Previous Monthly High | 1.0736 |
Previous monthly minimum | 1.0393 |
Fibonacci daily 38.2 | 1.0815 |
Fibonacci 61.8% daily | 1.0783 |
Daily Pivot Point S1 | 1.0767 |
Daily Pivot Point S2 | 1.0681 |
Daily Pivot Point S3 | 1.0631 |
Daily Pivot Point R1 | 1.0903 |
Daily Pivot Point R2 | 1.0953 |
Daily Pivot Point R3 | 1.1039 |
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.