{"id":437241,"date":"2026-09-01T00:00:08","date_gmt":"2026-08-31T17:00:08","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/eurusd-trades-to-new-session-highs-and-moves-lower-to-200-day-ma-437241\/"},"modified":"2026-09-01T00:00:08","modified_gmt":"2026-08-31T17:00:08","slug":"eurusd-trades-to-new-session-highs-and-moves-lower-to-200-day-ma","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/eurusd-trades-to-new-session-highs-and-moves-lower-to-200-day-ma-437241\/","title":{"rendered":"EURUSD trades to new session highs and moves lower to 200 day MA"},"content":{"rendered":"<div>\n<p class=\"PDq2pG_selectionAnchorContainer\">The EURUSD moved sharply lower at the end of last week, with the selling continuing at the start of the new trading week in the Asian-Pacific session. The low stalled near 1.15733, where the 100-day moving average and the 38.2% retracement of the move up from the end-of-July low converged. Buyers leaned against that key support cluster and pushed the price higher.<\/p>\n<p class=\"PDq2pG_selectionAnchorContainer\">\n<p>The rebound has now taken the pair into a swing area between 1.1613 and 1.16215. A move above that area would have buyers looking toward another important cluster of resistance:<\/p>\n<ul>\n<li>\n200-day moving average at 1.16305*<\/li>\n<li>\n100-hour moving average at 1.16359\n<\/li>\n<li>\n200-hour moving average at 1.16558\n<\/li>\n<\/ul>\n<p>Technically, the sellers from Friday still have the opportunity to maintain control. To do so, they need to keep the price below the 200-day moving average at 1.16305. A move above that level would be a disappointment for the sellers and shift the short-term bias more in the buyers\u2019 favor, and have traders more confident at taking out the other upside levels.\u00a0\u00a0<\/p>\n<p>Fundamentally, Treasury Secretary Scott Bessent helped the rebound by saying the Fed typically does not raise interest rates in response to inflation caused by supply shocks. With higher oil prices representing a supply shock, his comments took some of the edge off expectations for tighter Fed policy.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The EURUSD moved sharply lower at the end of last week, with the selling continuing at the start of the new trading week in the Asian-Pacific session. The low stalled near 1.15733,&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-437241","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=437241"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437241\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=437241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=437241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=437241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}