- EUR/USD rally lower on Tuesday.
- A more sustained decline is expected once 1.0912 is broken.
He EUR/USD extends bearish bias towards fresh weekly lows near 1.0930 on Tuesday.
Should losses accelerate, spot should face intermediate containment at the 55-day and 100-day SMAs at 1.0925 and 1.0923, respectively, ahead of the August low so far at 1.0912 (August 3). Once the latter is convincingly broken above, the pair could embark on a move towards the July low at 1.0833 (July 6).
Meanwhile, below the weekly high of 1.1149 (July 27), the pair is at risk of falling further.
Longer-term, positive view remains above the 200-day SMA at 1.0748 today.
EUR/USD daily chart
EUR/USD
Overview | |
---|---|
Last price today | 1.0951 |
daily change today | 77 |
today’s daily variation | -0.46 |
today’s daily opening | 1.1002 |
Trends | |
---|---|
daily SMA20 | 1,108 |
daily SMA50 | 1.0942 |
daily SMA100 | 1.0923 |
daily SMA200 | 1,075 |
levels | |
---|---|
previous daily high | 1.1018 |
previous daily low | 1.0966 |
Previous Weekly High | 1.1046 |
previous weekly low | 1.0912 |
Previous Monthly High | 1.1276 |
Previous monthly minimum | 1.0834 |
Fibonacci daily 38.2 | 1.0986 |
Fibonacci 61.8% daily | 1.0998 |
Daily Pivot Point S1 | 1.0973 |
Daily Pivot Point S2 | 1.0943 |
Daily Pivot Point S3 | 1,092 |
Daily Pivot Point R1 | 1.1025 |
Daily Pivot Point R2 | 1.1048 |
Daily Pivot Point R3 | 1.1078 |
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.