EUR/USD is clinging to multi-week highs just below the 100 DSMA as the market is entering the Asian session. The level to beat for buyers is the 1.1140 resistance. EUR/USD daily chart On the daily chart, the single currency is trading in a bear trend below the 100 and 200-day simple moving averages (DSMAs). However, this Thursday, the Fiber broke above the September high at 1.1110 and challenged the 100 SMA. EUR/USD four-hour chart The Euro is trading above the main SMAs, suggesting bullish momentum in the medium term. EUR/USD is clinging to monthly highs, hanging above September highs. A breakout above 1.1140 resistance could open the gates to the 1.1160 and 1.1191 resistances on the way up, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is trading above its main SMAs, suggesting bullish momentum in the near term. Support can be seen at the 1.1110, 1.1064 and 1.1041 price levels. 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 FXStreet News share Read Next NZD/USD clings to 0.6350 ahead of China’s data dump FX Street 4 years EUR/USD is clinging to multi-week highs just below the 100 DSMA as the market is entering the Asian session. The level to beat for buyers is the 1.1140 resistance. EUR/USD daily chart On the daily chart, the single currency is trading in a bear trend below the 100 and 200-day simple moving averages (DSMAs). However, this Thursday, the Fiber broke above the September high at 1.1110 and challenged the 100 SMA. EUR/USD four-hour chart The Euro is trading above the main SMAs, suggesting bullish momentum in the medium term. EUR/USD is clinging… 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.
