- EUR/USD regains its smile and reverses Wednesday’s decline.
- A further recovery could see the monthly high around 1.0640 revisited.
The EUR/USD pair maintains weekly instability and now recovers the 1.0570 area after Wednesday’s daily decline.
Should the recovery pick up a more serious pace, then the pair is expected to challenge the October high at 1.0639 (Oct 12) before a likely move towards the transient 55-day SMA at 1.0721.
Meanwhile, losses will continue as long as the pair moves below the 200-day SMA at 1.0819.
EUR/USD Daily Chart
EUR/USD
Overview | |
---|---|
Latest price today | 1.0572 |
Today I change daily | 51 |
Today’s daily variation | 0.33 |
Today’s daily opening | 1.0537 |
Trends | |
---|---|
daily SMA20 | 1,056 |
daily SMA50 | 1.0705 |
SMA100 daily | 1.0829 |
SMA200 daily | 1.0822 |
Levels | |
---|---|
Previous daily high | 1.0594 |
Previous daily low | 1.0523 |
Previous weekly high | 1,064 |
Previous weekly low | 1.0496 |
Previous Monthly High | 1.0882 |
Previous monthly low | 1.0488 |
Daily Fibonacci 38.2 | 1,055 |
Fibonacci 61.8% daily | 1.0567 |
Daily Pivot Point S1 | 1.0509 |
Daily Pivot Point S2 | 1,048 |
Daily Pivot Point S3 | 1.0438 |
Daily Pivot Point R1 | 1,058 |
Daily Pivot Point R2 | 1.0622 |
Daily Pivot Point R3 | 1,065 |
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.