EUR/USD Technical Analysis: The up move faltered just ahead of the 100-day SMA near 1.1140

EUR/USD has quickly climbed to fresh 2-month highs near 1.1140 boosted by news of a Brexit deal.
While the 100-day SMA at 1.1140 should offer initial resistance, the continuation of the buying impetus could lift the pair to, initially, 1.1163 (high August 26^th) ahead of the Fibo retracement at 1.1186.
Further up emerges the critical 200-day SMA at 1.1210.

Pablo Piovano FXStreet

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1118
Today Daily Change	74
Today Daily Change %	0.42
Today daily open	1.1072

Trends
Daily SMA20	1.0986
Daily SMA50	1.104
Daily SMA100	1.1139
Daily SMA200	1.1214

Levels
Previous Daily High	1.1086
Previous Daily Low	1.1022
Previous Weekly High	1.1063
Previous Weekly Low	1.0941
Previous Monthly High	1.111
Previous Monthly Low	1.0885
Daily Fibonacci 38.2%	1.1062
Daily Fibonacci 61.8%	1.1047
Daily Pivot Point S1	1.1034
Daily Pivot Point S2	1.0996
Daily Pivot Point S3	1.097
Daily Pivot Point R1	1.1098
Daily Pivot Point R2	1.1124
Daily Pivot Point R3	1.1162

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.

GBP/USD off highs, back to 1.3620

GBP/USD remains slightly on the defensive at the end of the week, receding to the low 1.3600s after hitting fresh tops past 1.3670 earlier in the day. Cable’s correction comes after two daily gains in a row and amid a tepid advance in the Greenback, while poor UK data also accompany the downside.

EUR/USD treads water below 1.1700

EUR/USD now trades with modest losses around 1.1670 following another unsuccessful atempt to advance past 1.1700 the figure in a convincing fashion. The pair’s decline follows a maginal rebound in the US Dollar as market participants continue to assess recent US data as well as developments from the US bond market.

Gold trims gains, recedes to the sub-$4,600 area

Gold rapidly leaves behind Thursday’s inconclusive price action and advances markedly on Friday, briefly surpassing the $4,600 mark per troy ounce to hit three-month peaks. Meanwhile, the precious metal’s solid performance comes despite marginal gains in the buck coupled with another day of rising US Treasury yields across the curve.

Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows

The cryptocurrency market remains bullish on Friday, led by Bitcoin’s surge above $77,000. Altcoins, including Ethereum and Ripple, mirror BTC’s positive outlook, trading near $2,400 and $1.35, respectively.

Week ahead – Fed’s Jackson Hole and Nvidia earnings to dictate markets

Kevin Warsh to make his Jackson Hole debut amid confusing messaging. But a major hawkish surprise unlikely after bond market intervention. Nvidia earnings to also determine market direction as stock rally cools.

$20 billion offered, $2 billion taken: Why Treasury doubled its buyback cap

The US Treasury moved off its own calendar on Wednesday, and that is the part worth sitting with. At 12:32 GMT, the department said it would at least double the size of liquidity support buyback operations in the 10-year to 20-year and 20-year to 30-year sectors, lifting the maximum from $2 billion per operation to at least $4 billion, effective September 9 and running to November 4.