untitled design

EUR/USD Price Analysis: Breaking above 1.0900 should expose 1.0945 level

  • EUR/USD extends trading at the upper end of the range near 1.0880.
  • The next upside target is the weekly high of 1.0945.

EUR/USD adds to Thursday’s small gains and flirts with the key 1.0880 zone at the end of the week.

Continuation of the bullish bias could challenge the immediate bullish barrier at 1.0900 ahead of the weekly high of 1.0945 (Aug 30). Once the latter is breached, the pair could challenge the psychological threshold of 1.1000.

For now, as long as it remains above the important 200-day SMA, today at 1.0804, the pair’s outlook should remain constructive.

EUR/USD Daily Chart


Latest price today 1.0874
Today I change daily 40
Today’s daily variation 0.26
Today daily opening 1.0846
daily SMA20 1,067
daily SMA50 1.0629
SMA100 daily 1.0792
SMA200 daily 1.0804
Previous daily high 1.0896
Previous daily low 1,083
Previous weekly high 1.0756
Previous weekly low 1.0656
Previous Monthly High 1.0695
Previous monthly low 1.0448
Daily Fibonacci 38.2 1.0871
Fibonacci 61.8% daily 1.0855
Daily Pivot Point S1 1.0819
Daily Pivot Point S2 1.0792
Daily Pivot Point S3 1.0754
Daily Pivot Point R1 1.0885
Daily Pivot Point R2 1.0923
Daily Pivot Point R3 1,095

Source: Fx Street

You may also like

Get the latest

Stay Informed: Get the Latest Updates and Insights


Most popular