EUR/GBP Technical Analysis: Euro losing steam against GBP as 0.9000 figure caps advances

Flavio Tosti Independent Analyst

EUR/GBP daily chart

EUR/GBP is trading in a bull trend above flat 50, 100 and 200-day simple moving averages.

EUR/GBP 4-hour chart

EUR/GBP is testing the 50 SMA.
EUR/GBP is now trading just below the 0.9000 psychological level.

EUR/GBP 30-minute chart

EUR/GBP is trading below the 200 SMA.
EUR/GBP is losing steam and a dip to 0.8940 is the most likely outcome in the short-term.

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8989
    Today Daily change: 16 pips
    Today Daily change %: 0.178%
    Today Daily Open: 0.8973
Trends:
    Previous Daily SMA20: 0.8917
    Previous Daily SMA50: 0.8841
    Previous Daily SMA100: 0.8891
    Previous Daily SMA200: 0.8841
Levels:
    Previous Daily High: 0.9026
    Previous Daily Low: 0.8952
    Previous Weekly High: 0.897
    Previous Weekly Low: 0.8863
    Previous Monthly High: 0.8932
    Previous Monthly Low: 0.8656
    Previous Daily Fibonacci 38.2%: 0.898
    Previous Daily Fibonacci 61.8%: 0.8998
    Previous Daily Pivot Point S1: 0.8941
    Previous Daily Pivot Point S2: 0.891
    Previous Daily Pivot Point S3: 0.8867
    Previous Daily Pivot Point R1: 0.9015
    Previous Daily Pivot Point R2: 0.9058
    Previous Daily Pivot Point R3: 0.9089

Author

Flavio Tosti

Independent Analyst

EUR/USD eyes nine-day EMA barrier after rebounding from 1.1600

EUR/USD gains ground after registering modest losses in the previous session, trading around 1.1620 during the Asian hours on Friday. The technical analysis of the daily chart suggests an ongoing bearish bias as the pair remains within the descending channel pattern.

GBP/USD: Pound Sterling ticks up against US Dollar in countdown to US NFP

The Pound Sterling trades marginally higher to near 1.3365 against the US Dollar during the Asian trading session on Friday. The GBP/USD pair edges up as the US Dollar ticks down ahead of the United States Nonfarm Payrolls data for February, which will be published at 13:30 GMT.

Gold awaits US Nonfarm Payrolls for a clear directional impetus

Gold rebounds above $5,100 early Friday after testing the $5,050 level amid global sell-off. The US Dollar pulls back as profit-taking creeps in ahead of US labor data. For February. 21-day SMA holds amid bullish RSI; a daily closing above 61.8% Fibo is critical for Gold buyers.

Top Crypto Gainers: Lombard, Humanity Protocol, OKB rally on US Fed’s tokenized securities clarity, NYSE investment

Lombard, Humanity Protocol, and OKB rally over the last 24 hours, securing the top-gainer spots in the early Asian session. The US Federal Reserve issued clarity on tokenized securities, which expands its utility and reduces regulatory friction with US banks, driving the Real-World Assets tokenization crypto projects.

The market compass is pointing at a barrel of Oil

The Asian open is arriving with equities leaning the wrong way, and the reason is not complicated. The market’s compass needle has snapped firmly toward crude. In this tape, oil is not just another input price; it is the gravitational center around which every asset class is orbiting.

Ripple tests recovery strength amid steady ETF inflows, growing retail interest

Ripple (XRP) continues to demonstrate notable resilience as the cryptocurrency market navigates the persistent war in the Middle East after the United States (US) and Israel attacked Iran on Saturday.