Our pivot point is at 1.0929.
Our preference: the upside prevails as long as 1.0929 is support
Alternative scenario: below 1.0929, expect 1.0899 and 1.0882.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0932 and 1.0938). Finally, the EUR/USD is trading above its upper Bollinger band (standing at 1.0967).
Supports and resistances:
1.1066 **
1.1048 *
1.1031 **
1.1013
1.0967 last
1.0940
1.0929 **
1.0899 *
1.0882 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 04-08-2025 at 21:45 UTC+1
Price reference: 1.0967 last known on 04-08-2025 at 21:45 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf