Oct 5
VOT Research Desk
Key News – Insights and Analysis
Gains are likely to keep going when the parity level is overcome.
Price Analysis of EUR/USD: The parity zone, which acts as resistance, has so far held back the EUR/significant USD’s upward potential.
As of right now, the Wednesday parity level has proven to be a substantial barrier for EUR/USD.
Further gain appears likely given the recent robust rebound until the pair sustainably exits the parity region.
The temporary barrier is the 55-day SMA, which is at 1.0030 right now.
The pair is currently trading at 1.0632, below the 200-day SMA, but the long-term outlook remains bearish.
Daily – EUR/USD Trend
|
OVERVIEW |
|
|
Today last price |
0.9924 |
|
Today Daily Change |
83 |
|
Today Daily Change % |
-0.62 |
|
Today daily open |
0.9986 |
|
TRENDS |
|
|
Daily SMA20 |
0.9893 |
|
Daily SMA50 |
1.0021 |
|
Daily SMA100 |
1.0234 |
|
Daily SMA200 |
1.0641 |
|
LEVELS |
|
|
Previous Daily High |
1 |
|
Previous Daily Low |
0.9806 |
|
Previous Weekly High |
0.9854 |
|
Previous Weekly Low |
0.9536 |
|
Previous Monthly High |
1.0198 |
|
Previous Monthly Low |
0.9536 |
|
Daily Fibonacci 38.2% |
0.9926 |
|
Daily Fibonacci 61.8% |
0.988 |
|
Daily Pivot Point S1 |
0.9862 |
|
Daily Pivot Point S2 |
0.9737 |
|
Daily Pivot Point S3 |
0.9668 |
|
Daily Pivot Point R1 |
1.0055 |
|
Daily Pivot Point R2 |
1.0124 |
|
Daily Pivot Point R3 |
1.0249 |
