Home EUR/USD Technical Analysis: Euro advancing towards 1.1400 figure post-US CPI
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EUR/USD Technical Analysis: Euro advancing towards 1.1400 figure post-US CPI

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 50, 100 and 200-day simple moving average (SMA).
  • The Core US Consumer Price Index y/y for November came in at 2.2% in line with market expectations.

EUR/USD 4-hour chart

  • EUR/USD is testing the main SMAs near 1.1350.  

EUR/USD 30-minute chart

  • EUR/USD regained the downward sloping 50 and 100 SMA.
  • The 1.1365 level and the 200 SMA are the resistances that bulls will need to overcome.  
  • A break of 1.1365 can lead to an advance to 1.1400 figure.  

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1353
       Today Daily change:  25  pips
       Today Daily change %:  0.221%
       Today Daily Open:  1.1328
Trends:
       Previous Daily SMA20:  1.1361
       Previous Daily SMA50:  1.1409
       Previous Daily SMA100:  1.1508
       Previous Daily SMA200:  1.1733
Levels:
       Previous Daily High:  1.14
       Previous Daily Low:  1.1306
       Previous Weekly High:  1.1424
       Previous Weekly Low:  1.1311
       Previous Monthly High:  1.15
       Previous Monthly Low:  1.1216
       Previous Daily Fibonacci 38.2%:  1.1342
       Previous Daily Fibonacci 61.8%:  1.1365
       Previous Daily Pivot Point S1:  1.1289
       Previous Daily Pivot Point S2:  1.1251
       Previous Daily Pivot Point S3:  1.1195
       Previous Daily Pivot Point R1:  1.1383
       Previous Daily Pivot Point R2:  1.1439
       Previous Daily Pivot Point R3:  1.1477

 

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