|

EUR/USD Price Analysis: Next on the upside comes 1.0300

  • EUR/USD resumes the upside and advances above 1.0200.
  • The next target emerges at the August top near 1.0300.

EUR/USD regains buying interest and reclaims part of the ground lost following Tuesday’s sell-off to the 1.0160 zone.

The continuation of the recovery is predicted to target the August high at 1.0293 (August 2). Above the latter spot could accelerate its losses to the next hurdle at the 55-day SMA, today at 1.0417.

In the longer run, the pair’s bearish view is expected to prevail as long as it trades below the 200-day SMA at 1.0941.

EUR/USD daily chart

EUR/USD

Overview
Today last price1.0194
Today Daily Change60
Today Daily Change %0.28
Today daily open1.0166
 
Trends
Daily SMA201.0158
Daily SMA501.0407
Daily SMA1001.0588
Daily SMA2001.095
 
Levels
Previous Daily High1.0294
Previous Daily Low1.0164
Previous Weekly High1.0258
Previous Weekly Low1.0097
Previous Monthly High1.0486
Previous Monthly Low0.9952
Daily Fibonacci 38.2%1.0213
Daily Fibonacci 61.8%1.0244
Daily Pivot Point S11.0122
Daily Pivot Point S21.0077
Daily Pivot Point S30.9991
Daily Pivot Point R11.0252
Daily Pivot Point R21.0338
Daily Pivot Point R31.0383

Author

Pablo Piovano

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

More from Pablo Piovano
Share:

Editor's Picks

EUR/USD eases to four-week lows near 1.1650

EUR/USD now loses further momentum and recedes to multi-week lows near 1.1650 on Thursday. The pair’s extra retracement comes on the back of the persistent bid tone in the US Dollar as investors continue to gear up for the release of the December NFP figures on Friday.

GBP/USD: Further weakness could challenge 1.3400

GBP/USD remains under unabated selling pressure on Thursday, slipping to fresh three-day lows around 1.3415 in response to further improvement in the sentiment surrounding the Greenback ahead of Friday’s key NFP data.

Gold bounces back to its comfort zone

Gold now manages to regain some balance, fading its earlier pullback to the proximity of the $4,400 region per troy ounce and reshifting its attention to the $4,450 zone on Thursday. The yellow metal’s move lower comes in response to a better tone in the Greenback and the generalised recovery in US Treasury yields.

Crypto Today: Bitcoin, Ethereum, XRP extend decline as ETF outflows pose headwinds

Bitcoin struggles with selling pressure as institutional investor sentiment deteriorates. Ethereum hangs onto the 50-day EMA lifeline amid growing overhead risks and the resumption of ETF outflows.

2026 economic outlook: Clear skies but don’t unfasten your seatbelts yet

Most years fade into the background as soon as a new one starts. Not 2025: a year of epochal shifts, in which the macroeconomy was the dog that did not bark. What to expect in 2026? The shocks of 2025 will not be undone, but neither will they be repeated.

XRP slides as institutional and retail demand falters

Ripple is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.