EUR/USD Price Analysis: Further gains favoured beyond 1.0930

Market news

30 March 2023

EUR/USD Price Analysis: Further gains favoured beyond 1.0930

EUR/USD keeps the weekly bullish tone unchanged on Thursday.
If the recovery picks up pace it could revisit the 1.0930 zone.

EUR/USD climbs to weekly highs in the 1.0880/85 band on Thursday, extending the bounce for the fourth session in a row.

The likelihood of extra advances appears favoured for the time being. Against that, the pair could now set sail to the March peak at 1.0929 (March 23) prior to a potential test of the 2023 high at 1.1032 (February 2).

Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0338.

EUR/USD daily chart

Currencies. Daily history for Thursday, March 30, 2023

Commodities. Daily history for Wednesday, March 29, 2023

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