EUR/USD finally surpasses the key barrier at 1.20 the figure. Further north of 1.20 comes in the 100-day SMA around 1.2050. EUR/USD starts the week on a strong note and finally manages to advance further north of the psychological 1.2000 yardstick. The firm buying pressure is expected to meet the next interim hurdle in the 1.2050/64 band, where converge the 100-day SMA and a Fibo retracement (of the November-January rally). Above the latter the focus of attention is forecast to shift to the February peaks around 1.2240. Above the 200-day SMA (1.1906) the stance for EUR/USD is predicted to remain positive. EUR/USD daily chart 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 EUR/GBP struggles to find direction, trades flat around mid-0.8600s FX Street 2 years EUR/USD finally surpasses the key barrier at 1.20 the figure. Further north of 1.20 comes in the 100-day SMA around 1.2050. EUR/USD starts the week on a strong note and finally manages to advance further north of the psychological 1.2000 yardstick. The firm buying pressure is expected to meet the next interim hurdle in the 1.2050/64 band, where converge the 100-day SMA and a Fibo retracement (of the November-January rally). Above the latter the focus of attention is forecast to shift to the February peaks around 1.2240. Above the 200-day SMA (1.1906) the stance for EUR/USD is predicted to remain… 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.
