Home EUR/USD Technical Analysis: The pair remains capped by the lower 1.1600s
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EUR/USD Technical Analysis: The pair remains capped by the lower 1.1600s

  • Spot remains under pressure and navigates the lower end of the recent range and close to October’s low at 1.1432.
  • Further south lies the critical 200-week SMA at 1.1319, considered the last defense of a visit to so far 2018 lows just below 1.1300 the figure.
  • On the upside, recent tops in the 1.1620 area continues to cap the upside. Interim hurdle emerges at the 21-day SMA and the 55-day SMA at 1.1553 and 1.1576, respectively.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Last Price:  1.1466
       Daily change:  -65  pips
       Daily change:  -0.564%
       Daily Open:  1.1531
Trends:
       Daily SMA20:  1.1571
       Daily SMA50:  1.1584
       Daily SMA100:  1.1623
       Daily SMA200:  1.1909
Levels:
       Daily High:  1.154
       Daily Low:  1.1531
       Weekly High:  1.1622
       Weekly Low:  1.1433
       Monthly High:  1.1816
       Monthly Low:  1.1526
       Daily Fibonacci 38.2%:  1.1496
       Daily Fibonacci 61.8%:  1.1472
       Daily Pivot Point S1:  1.1453
       Daily Pivot Point S2:  1.1392
       Daily Pivot Point S3:  1.1351
       Daily Pivot Point R1:  1.1555
       Daily Pivot Point R2:  1.1596
       Daily Pivot Point R3:  1.1657

 

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