EUR/USD is pressuring the daily highs near 1.1062 in the New York session. Risk-on market mood and Brexit optimism are benefiting EUR/USD. The Michigan Consumer Sentiment Index for October is scheduled at 14:00 GMT. EUR/USD daily chart On the daily chart, the shared currency is trading in a bear trend below the 100 and 200-day simple moving averages (DSMAs). The market is breaking above a multi-week trendline and the 50 SMA. On the macroeconomic front, next in line is the Michigan Consumer Sentiment Index for October at 14:00 GMT. EUR/USD four-hour chart The market is trading above its main SMAs, suggesting bullish momentum in the medium term. EUR/USD is nearing the 1.1076 resistance as bulls are in control. Further up lie the 1.0972 resistance, according to the Technical Confluences Indicator, which is near the September highs. EUR/USD 30-minute chart The Euro is trading above its main SMAs, suggesting bullish momentum in the near term. Support can be seen at the 1.1025/07 zone and 1.0972 price level. Additional key levels 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 Forex News Today: Daily Trading News share Read Next China only offering to remove forced joint ventures in financial services – Fox News FX Street 4 years EUR/USD is pressuring the daily highs near 1.1062 in the New York session. Risk-on market mood and Brexit optimism are benefiting EUR/USD. The Michigan Consumer Sentiment Index for October is scheduled at 14:00 GMT. EUR/USD daily chart On the daily chart, the shared currency is trading in a bear trend below the 100 and 200-day simple moving averages (DSMAs). The market is breaking above a multi-week trendline and the 50 SMA. On the macroeconomic front, next in line is the Michigan Consumer Sentiment Index for October at 14:00 GMT. EUR/USD four-hour… 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.
