The EURUSD has increased and surpassed the 1.0800 level, building upon the gains observed on Monday.
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- EUR/USD adds to Monday’s gains and surpasses 1.0800.
The pair currently trades last at 1.08185.
The previous day high was 1.079 while the previous day low was 1.0733. The daily 38.2% Fib levels comes at 1.0768, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0755, expected to provide support.
EUR/USD extends the bullish momentum north of the 1.0800 hurdle on Tuesday.
A more serious bullish attempt is expected to put the transitory 55-day SMA at 1.0878 to the test ahead of the weekly peak at 1.0904 (May 16).
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0527.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0794 at the time of writing. Pair opened at 1.0756 and is trading with a change of 0.35 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0794 |
| 1 | Today Daily Change | 58.0000 |
| 2 | Today Daily Change % | 0.3500 |
| 3 | Today daily open | 1.0756 |
The pair is trading above its 20 Daily moving average @ 1.0753, below its 50 Daily moving average @ 1.0882 , below its 100 Daily moving average @ 1.0807 and above its 200 Daily moving average @ 1.0524
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0753 |
| 1 | Daily SMA50 | 1.0882 |
| 2 | Daily SMA100 | 1.0807 |
| 3 | Daily SMA200 | 1.0524 |
The previous day high was 1.079 while the previous day low was 1.0733. The daily 38.2% Fib levels comes at 1.0768, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0755, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 1.073, 1.0703, 1.0673
- Pivot resistance is noted at 1.0787, 1.0817, 1.0843
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0790 |
| Previous Daily Low | 1.0733 |
| Previous Weekly High | 1.0787 |
| Previous Weekly Low | 1.0667 |
| Previous Monthly High | 1.1092 |
| Previous Monthly Low | 1.0635 |
| Daily Fibonacci 38.2% | 1.0768 |
| Daily Fibonacci 61.8% | 1.0755 |
| Daily Pivot Point S1 | 1.0730 |
| Daily Pivot Point S2 | 1.0703 |
| Daily Pivot Point S3 | 1.0673 |
| Daily Pivot Point R1 | 1.0787 |
| Daily Pivot Point R2 | 1.0817 |
| Daily Pivot Point R3 | 1.0843 |
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