Home EUR/USD Technical Analysis: Scope for a new visit to 2018 lows at 1.1299
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EUR/USD Technical Analysis: Scope for a new visit to 2018 lows at 1.1299

  • EUR/USD continues to grind lower this week, accelerating the downside to the mid-1.1400s after break below the critical support at 1.1500 the figure .
  • Immediate contention should emerge at October’s low at 1.1430 ahead of the 200-week SMA, today at 1.1322.
  • The continuation of the down move is expected to meet the so far 2018 low at 1.1299 (August 15).

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Last Price:  1.1447
       Daily change:  -84  pips
       Daily change:  -0.728%
       Daily Open:  1.1531
Trends:
       Daily SMA20:  1.1583
       Daily SMA50:  1.1582
       Daily SMA100:  1.1624
       Daily SMA200:  1.1911
Levels:
       Daily High:  1.154
       Daily Low:  1.1531
       Weekly High:  1.1611
       Weekly Low:  1.143
       Monthly High:  1.1816
       Monthly Low:  1.1526
       Daily Fibonacci 38.2%:  1.1479
       Daily Fibonacci 61.8%:  1.1498
       Daily Pivot Point S1:  1.1425
       Daily Pivot Point S2:  1.1398
       Daily Pivot Point S3:  1.1347
       Daily Pivot Point R1:  1.1504
       Daily Pivot Point R2:  1.1556
       Daily Pivot Point R3:  1.1583

 

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