The EURUSD pair, currently at a rate of 1.11815, has reached new highs for the year 2023, near the level of 1.1190.
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- EUR/USD prints new 2023 peaks around 1.1190.
The pair currently trades last at 1.11815.
The previous day high was 1.114 while the previous day low was 1.1005. The daily 38.2% Fib levels comes at 1.1089, expected to provide support. Similarly, the daily 61.8% fib level is at 1.1057, expected to provide support.
EUR/USD extends the monthly bullish performance and approaches the 1.1200 hurdle for the first time since February 2022.
The continuation of the upside momentum is expected to revisit the round level at 1.1200 in the very near term. Once this level is cleared, a probable visit to the 2022 high at 1.1495 (February 10) could start emerging on the horizon.
Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0643.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.1183 at the time of writing. Pair opened at 1.1131 and is trading with a change of 0.47 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.1183 |
| 1 | Today Daily Change | 63.0000 |
| 2 | Today Daily Change % | 0.4700 |
| 3 | Today daily open | 1.1131 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 1.0938, 50 SMA 1.0861, 100 SMA @ 1.0841 and 200 SMA @ 1.0638.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0938 |
| 1 | Daily SMA50 | 1.0861 |
| 2 | Daily SMA100 | 1.0841 |
| 3 | Daily SMA200 | 1.0638 |
The previous day high was 1.114 while the previous day low was 1.1005. The daily 38.2% Fib levels comes at 1.1089, expected to provide support. Similarly, the daily 61.8% fib level is at 1.1057, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 1.1044, 1.0956, 1.0908
- Pivot resistance is noted at 1.1179, 1.1228, 1.1315
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.1140 |
| Previous Daily Low | 1.1005 |
| Previous Weekly High | 1.0973 |
| Previous Weekly Low | 1.0834 |
| Previous Monthly High | 1.1012 |
| Previous Monthly Low | 1.0662 |
| Daily Fibonacci 38.2% | 1.1089 |
| Daily Fibonacci 61.8% | 1.1057 |
| Daily Pivot Point S1 | 1.1044 |
| Daily Pivot Point S2 | 1.0956 |
| Daily Pivot Point S3 | 1.0908 |
| Daily Pivot Point R1 | 1.1179 |
| Daily Pivot Point R2 | 1.1228 |
| Daily Pivot Point R3 | 1.1315 |
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