- EUR/USD rebounds and recovers 1.0600.
- The weekly high on Feb 14 just above 1.0800 caps the upside so far.
He EUR/USD manages to generate some bullish traction and recaptures the area above 1.0600 ahead of Thursday’s ECB announcement, hitting a fresh daily high at 1.0635.
Meanwhile, the occasional upside should break the weekly high of 1.0804 (Feb 14) to allow the short-term uptrend to continue.
Looking to the longer term, the bullish view remains as long as EUR/USD is above the 200-day SMA at 1.0323 today.
EUR/USD daily chart
EUR/USD Technical Levels
EUR/USD
Panorama | |
---|---|
Last Price Today | 1.0588 |
Today’s Daily Change | 0.0011 |
Today’s Daily Change % | 0.10 |
Today’s Daily Open | 1.0577 |
Trends | |
---|---|
20 Daily SMA | 1.0629 |
SMA of 50 Daily | 1.0726 |
SMA of 100 Daily | 1.0556 |
SMA of 200 Daily | 1.0325 |
levels | |
---|---|
Previous Daily High | 1,076 |
Minimum Previous Daily | 1.0516 |
Previous Weekly High | 1.0701 |
Previous Weekly Minimum | 1.0524 |
Maximum Prior Monthly | 1.1033 |
Minimum Prior Monthly | 1.0533 |
Daily Fibonacci 38.2% | 1.0609 |
Daily Fibonacci 61.8% | 1.0667 |
Daily Pivot Point S1 | 1.0475 |
Daily Pivot Point S2 | 1.0374 |
Daily Pivot Point S3 | 1.0232 |
Daily Pivot Point R1 | 1.0719 |
Daily Pivot Point R2 | 1.0861 |
Daily Pivot Point R3 | 1.0963 |
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.