EUR/USD Price Analysis: The target is now the 1.1200 area

EUR/USD left behind the 200-day SMA and moved further north.
The 1.1200 neighbourhood now comes into focus.

Pablo Piovano FXStreet

EUR/USD keeps pushing higher on Wednesday, boosted by the recent surpass of the 1.1140 region, where sits the 200-day SMA.

Immediately above emerges the 1.1200 area ahead of late December highs in levels just shy of 1.1240 and August’s peak at 1.1250.

The bullish view is seen unaltered as long as the 55-day SMA at 1.1095 underpins.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1162
Today Daily Change	19
Today Daily Change %	0.09
Today daily open	1.1152

Trends
Daily SMA20	1.1142
Daily SMA50	1.1095
Daily SMA100	1.1068
Daily SMA200	1.1138

Levels
Previous Daily High	1.1164
Previous Daily Low	1.1118
Previous Weekly High	1.1208
Previous Weekly Low	1.1085
Previous Monthly High	1.124
Previous Monthly Low	1.1002
Daily Fibonacci 38.2%	1.1147
Daily Fibonacci 61.8%	1.1136
Daily Pivot Point S1	1.1126
Daily Pivot Point S2	1.1099
Daily Pivot Point S3	1.108
Daily Pivot Point R1	1.1172
Daily Pivot Point R2	1.1191
Daily Pivot Point R3	1.1218

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.