EUR/USD is now attempting a sideline theme in the 1.1030/40 region. Further consolidation is therefore expected ahead of the key ECB event on Thursday. An attempt to break higher should meet initial resistance at the 1.1075/84 band, where coincides the 21-day SMA and last week’s top. Looking at the broader picture, as long as the 55-day SMA at 1.1165 caps the upside, the negative view is expected to prevail. This area is also reinforced by later August tops (August 26 at 1.1163). 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 UK PM Johnson spokesman: Government will not seek an extension, we will be leaving on October 31 FX Street 4 years EUR/USD is now attempting a sideline theme in the 1.1030/40 region. Further consolidation is therefore expected ahead of the key ECB event on Thursday. An attempt to break higher should meet initial resistance at the 1.1075/84 band, where coincides the 21-day SMA and last week's top. Looking at the broader picture, as long as the 55-day SMA at 1.1165 caps the upside, the negative view is expected to prevail. This area is also reinforced by later August tops (August 26 at 1.1163). EUR/USD daily chart 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.
