EUR/USD PRICE ANALYSIS: The euro rises to 1,1100 as the bullish bias is strengthened

• The EUR/USD quotes near the 1.1000 zone after having risen abruptly during the session on Wednesday.
• The technical indicators are generally inclined towards the rise, although the short -term impulse remains balanced.
• Support seen near the range of 1,0920–1.1000, with key mobile socks by reinforcing the upward trend.

The EUR/USD pair extended its profits on Wednesday, going up after the European session and climbing towards the 1100 area. The torque is above the midpoint of its daily rank, driven by a renewed bullish impulse, despite some short -term neutral indicators. Today’s increase further supports the broader bullish perspective, which has been reinforced by strong mobile socks and a purchase trigger in the MACD.

Daily graph

Impulse indicators are showing mixed dynamics but in improvement. The Relative Force Index (RSI) is 65.40, indicating that the torque is approaching the territory of overcompra but still not pointing out exhaustion. Meanwhile, the convergence/divergence of mobile socks (MACD) is producing a purchase signal, supporting the continuous ascending impulse. However, both the percentage range of Williams (−25.08) and the Bull Bear power (0.02349) remain neutral, insinuating that buyers are in control but not yet dominant.

The upward perspective is clearly reflected in trends -based indicators. The simple mobile average (SMA) of 20 days in 1.08745, the 100 -day SMA in 1.05425 and the 200 -day SMA in 1,07381 all point up, aligning with the current direction. The 10 -day EMA and the 10 -day SMA, in 1,09225 and 1.08995 respectively, also support a continuation of the bullish impulse.

Down, the support is found in 1,10025, followed by a key zone around 1.09225 – 1.09223. Important levels of resistance have not yet been confirmed above the recent maximums, leaving room for a possible continuation if the purchase pressure persists.