- The EUR/USD pair is under pressure after new highs near 1.0900.
- Further rallies should target the mid-1.0950s again in the near term.
He EUR/USD retraces some of the recent advance to three-month highs just below 1.0900 on Wednesday.
Continuation of the bullish bias could lead to a review of the weekly high of 1.0945 (Aug 30) sooner rather than later. Once breached, the pair could challenge the psychological threshold of 1.1000.
For now, as long as it remains above the important 200-day SMA, the pair’s outlook should remain constructive.
EUR/USD Daily Chart
EUR/USD
Overview | |
---|---|
Latest price today | 1.0848 |
Today I change daily | Four. Five |
Today’s daily variation | -0.32 |
Today’s daily opening | 1.0883 |
Trends | |
---|---|
daily SMA20 | 1.0642 |
daily SMA50 | 1.0624 |
SMA100 daily | 1.0792 |
SMA200 daily | 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 |
Fibonacci 61.8% daily | 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 |
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.