EUR/USD Price Analysis: A more convincing upside needs to clear 1.1012

EUR/USD remains stuck within a tight range near 1.0900.
The continuation of the upside initially targets the June top.

Pablo Piovano FXStreet

EUR/USD navigates within a narrow range around the 1.0900 zone on the back of reduced trade conditions in response to the US Independence Day holiday.

Price action around the pair looks vacillating for the time being. Against that, spot needs to clear the June peak at 1.1012 (June 22), ideally in the near term, to allow for the resumption of the uptrend and a potential challenge of the 2023 top just below 1.1100 (April 26).

Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0602.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.0901
Today Daily Change	27
Today Daily Change %	-0.10
Today daily open	1.0912

Trends
Daily SMA20	1.0867
Daily SMA50	1.0869
Daily SMA100	1.0821
Daily SMA200	1.0597

Levels
Previous Daily High	1.0934
Previous Daily Low	1.087
Previous Weekly High	1.0977
Previous Weekly Low	1.0835
Previous Monthly High	1.1012
Previous Monthly Low	1.0662
Daily Fibonacci 38.2%	1.091
Daily Fibonacci 61.8%	1.0895
Daily Pivot Point S1	1.0876
Daily Pivot Point S2	1.0842
Daily Pivot Point S3	1.0813
Daily Pivot Point R1	1.094
Daily Pivot Point R2	1.0969
Daily Pivot Point R3	1.1004

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

EUR/USD regains balance, targets 1.1800

EUR/USD has lost a bit of momentum after its earlier push higher and is now attempting to reclaim the key 1.1800 barrier on Monday. In the meantime, investors remain focused on the evolving US–EU trade relationship after President Trump’s announcement of sweeping global tariff hikes.

GBP/USD recedes from tops, back to 1.3500

GBP/USD is extending its move higher on Monday, meeting some resistance around 1.3530 on the back of the widespread bearish tone in the US Dollar amid ongoing uncertainty around tariffs. For now, traders are watching overall risk sentiment and central bank rhetoric for the next directional cue.

Gold advances to four-week highs, focus is on $5,200

Gold is holding onto its bullish tone on Monday, hovering near monthly highs well above the $5,100 mark per troy ounce. Fresh trade-war concerns, coupled with rising geopolitical tensions in the Middle East, are keeping demand for the yellow metal well on the rise.

Crypto Today: Bitcoin, Ethereum, XRP intensify sell-off as tariff uncertainty weighs

Bitcoin, Ethereum and Ripple are trading amid increasing selling pressure at the time of writing on Monday, as investors react to fresh trade uncertainty over US President Donald Trump’s push for more tariffs.

Supreme Court nixes tariffs, Trump teases 15% global tariff

On February 20th, the Supreme Court ruled that Trump’s global tariffs under IEEPA authority were unconstitutional, effectively nullifying the framework. However, the relief was short-lived. Within hours, Trump floated a 15% blanket tariff under an alternative legal authority.

Top Crypto Losers: Zcash, Pump.fun, and LayerZero extended losses as Bitcoin loses $65,000

The cryptocurrency market starts the week in panic mode, with altcoins Zcash, Pump.fun, and LayerZero. Bitcoin falls below $65,000 as the US President Donald Trump regroups amid renewed trade policy risks.