EUR/USD Price Analysis: Above the 200-day SMA targets 1.1200 and beyond

EUR/USD is looking to break above the 1.1140 region on a sustainable note.
The pair’s outlook stays constructive above the 55-day SMA at 1.1094.

Pablo Piovano FXStreet

EUR/USD is facing a strong resistance in the 1.1140 region, where sits the key 200-day SMA and recent peaks.

If the pair clears this region on a convincing fashion, then the Fibo retracement at 1.1186 should emerge as an interim hurdle ahead of the more relevant 1.1200 neighbourhood and above.

In case sellers return to the market, then the 55-day SMA in the 1.1090 region should offer solid contention. Below it, the downside pressure should be reinstated.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.115
Today Daily Change	37
Today Daily Change %	0.20
Today daily open	1.1128

Trends
Daily SMA20	1.114
Daily SMA50	1.1094
Daily SMA100	1.1067
Daily SMA200	1.1139

Levels
Previous Daily High	1.1146
Previous Daily Low	1.1104
Previous Weekly High	1.1208
Previous Weekly Low	1.1085
Previous Monthly High	1.124
Previous Monthly Low	1.1002
Daily Fibonacci 38.2%	1.112
Daily Fibonacci 61.8%	1.113
Daily Pivot Point S1	1.1107
Daily Pivot Point S2	1.1085
Daily Pivot Point S3	1.1066
Daily Pivot Point R1	1.1148
Daily Pivot Point R2	1.1167
Daily Pivot Point R3	1.1189

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 climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Breaking: US and Israel attack Iran, risk aversion to sweep global markets

Early Saturday, United States (US) President Donald Trump announced that the US had begun “major combat operations” in Iran, following Israel’s pre-emptive missile attacks against Tehran.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.