EUR/USD is trading flat just above the 1.10 level. Thursday’s four-hour chart is pointing to further gains, Yohay Elam, an analyst at FXStreet, informs. Key quotes “EUR/USD is enjoying upside momentum on the four-hour chart and the Relative Strength Index is below 70, outside overbought conditions. The currency pair also surpassed a downtrend that accompanied it since early May and is now trading under an uptrend.” “Resistance awaits at the eight-week high of 1.1035. It is followed by 1.1090, which was a swing high in March.” “Support awaits at 1.0995, a stepping stone on the way up. It is followed by 1.0975, a swing high from last week.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD holds steady above mid-1.3700s, lacks follow-through FX Street 3 years EUR/USD is trading flat just above the 1.10 level. Thursday's four-hour chart is pointing to further gains, Yohay Elam, an analyst at FXStreet, informs. Key quotes “EUR/USD is enjoying upside momentum on the four-hour chart and the Relative Strength Index is below 70, outside overbought conditions. The currency pair also surpassed a downtrend that accompanied it since early May and is now trading under an uptrend.” “Resistance awaits at the eight-week high of 1.1035. It is followed by 1.1090, which was a swing high in March.” “Support awaits at 1.0995, a stepping stone on the way up. It is followed… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
