Home EUR/USD Technical Analysis: Nearing the top end of a sideways channel at 1.1480
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EUR/USD Technical Analysis: Nearing the top end of a sideways channel at 1.1480

  • EUR/USD is pinned into the high side near 1.1450 as the US Dollar continues to flag against its major peers on the heels of a broad-market sentiment recovery that sparked on Thursday, driving the Fiber up 100-someodd  pips and into a new near-term trading range.

EUR/USD, 5-Minute

  • Key resistance formed over the last two weeks at the 1.1490 peak, which could wind up capping any bullish extensions heading into the weekend with technical indicators beginning to threaten to rollover into sell signals.

EUR/USD, 30-Minute

  • The medium-term  highlights the Fiber’s sideways  pattern, and a rejection from the key 1.1480 region will see EUR/USD turn around and head straight back into lows near 1.1275.

EUR/USD, 4-Hour

EUR/USD

Overview:
       Today Last Price:  1.1458
       Today Daily change:  18  pips
       Today Daily change %:  0.157%
       Today Daily Open:  1.144
Trends:
       Previous Daily SMA20:  1.1369
       Previous Daily SMA50:  1.1374
       Previous Daily SMA100:  1.1478
       Previous Daily SMA200:  1.1675
Levels:
       Previous Daily High:  1.1454
       Previous Daily Low:  1.1348
       Previous Weekly High:  1.1486
       Previous Weekly Low:  1.1302
       Previous Monthly High:  1.15
       Previous Monthly Low:  1.1216
       Previous Daily Fibonacci 38.2%:  1.1414
       Previous Daily Fibonacci 61.8%:  1.1389
       Previous Daily Pivot Point S1:  1.1374
       Previous Daily Pivot Point S2:  1.1308
       Previous Daily Pivot Point S3:  1.1268
       Previous Daily Pivot Point R1:  1.148
       Previous Daily Pivot Point R2:  1.152
       Previous Daily Pivot Point R3:  1.1586

 

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