EUR/USD Price Analysis: Immediately to the upside comes 1.1150

EUR/USD looks to add to Friday’s advance north of 1.1000.
Extra upside faces the next barrier at the weekly top around 1.1150.

Pablo Piovano FXStreet

EUR/USD climbs further and revisits the 1.1040 region, or daily highs, at the beginning of the week.

In light of the recent price action, the pair could see its selling pressure somewhat mitigated on a breakout of the weekly low of 1.1149 (July 27). Once this level is cleared, spot could the attempt a challenge of the 2023 top at 1.1275 (July 18).

Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0723.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1022
Today Daily Change	40
Today Daily Change %	0.04
Today daily open	1.1018

Trends
Daily SMA20	1.1061
Daily SMA50	1.0915
Daily SMA100	1.0905
Daily SMA200	1.0719

Levels
Previous Daily High	1.1048
Previous Daily Low	1.0944
Previous Weekly High	1.115
Previous Weekly Low	1.0944
Previous Monthly High	1.1012
Previous Monthly Low	1.0662
Daily Fibonacci 38.2%	1.1008
Daily Fibonacci 61.8%	1.0983
Daily Pivot Point S1	1.0958
Daily Pivot Point S2	1.0899
Daily Pivot Point S3	1.0854
Daily Pivot Point R1	1.1062
Daily Pivot Point R2	1.1107
Daily Pivot Point R3	1.1166

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 hovers around nine-day EMA above 1.1800

EUR/USD gains ground for the second successive session, trading around 1.1820 during the Asian hours on Monday. The 14-day Relative Strength Index momentum indicator stands at 51 (neutral) after recovering above the midline, indicating stabilizing momentum.

GBP/USD gathers strength above 1.3500 amid tariff confusion

The GBP/USD pair gains traction to around 1.3520 during the early Asian session on Monday. The US Dollar faces some selling pressure against the Cable as tariff uncertainty lingers. Traders will take more cues from the US Producer Price Index report for January, which will be published later on Friday.

Gold climbs to fresh monthly high on trade war fears, geopolitical risks, weaker USD

Gold registered its highest-ever weekly close, above the $5,100 mark on Friday, and gains strong follow-through traction at the start of a new week. This also marks the fourth straight day of a positive move and lifts the commodity beyond the $5,150 level, or a fresh monthly peak, during the Asian session.

Cardano braces for impact as US tariff storm brews

Cardano is down 4% at press time on Monday, entering its third consecutive day of decline. Bearish bias in Cardano’s derivatives market positional buildup aligns with rising pressure on the broader cryptocurrencymarket amid US President Donald Trump's reassessment of global tariffs and domestic conflict with the US Supreme Court.

Liberation day take two, the tariff machine just changed gears

Let me caveat this from the outset. What we are watching is first-order mechanics, not the grand macro endgame. This is the market’s immediate reflex to a 15% Trump tariff levy dressed up as judicial drama. The Supreme Court blocked Trump tarrif hammer. The White House came back with a scalpel.

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.