EUR/USD has been trading with wild swings around the 14-month highs. Monday’s four-hour chart is pointing to additional gains, as FXStreet’s analyst Yohay Elam notes. Key quotes “EUR/USD is at overbought territory on the daily chart – with the Relative Strength Index above 70.” “Other indicators are positive, with momentum pointing up. The pair also trades above the 50, 100, and 200-day Simple Moving Averages.” “Some resistance awaits at 1.1450, which capped EUR/USD in the spring of 2019. IT is followed by 1.1525 – above the 1.15 level – which was a high point in early 2019.” “Support awaits at 1.1410, a high point from the summer of 2019, followed by 1.1350, a peak from the same time.” 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 Wall Street recovers modestly after trading resumes, energy and financials suffer heavy losses FX Street 2 years EUR/USD has been trading with wild swings around the 14-month highs. Monday's four-hour chart is pointing to additional gains, as FXStreet’s analyst Yohay Elam notes. Key quotes “EUR/USD is at overbought territory on the daily chart – with the Relative Strength Index above 70.” “Other indicators are positive, with momentum pointing up. The pair also trades above the 50, 100, and 200-day Simple Moving Averages.” “Some resistance awaits at 1.1450, which capped EUR/USD in the spring of 2019. IT is followed by 1.1525 – above the 1.15 level – which was a high point in early 2019.” “Support awaits at… 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.
