Home EUR/USD Technical Analysis: The 1.1500 area keeps capping the upside very near term
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EUR/USD Technical Analysis: The 1.1500 area keeps capping the upside very near term

  • Spot came under renewed selling pressure after briefly challenging the 1.1500 neighbourhood during early trade.

EUR/USD, 5-min

 

 

 

 

 

 

 

 

 

 

  • In the hourly chart, the succession of higher lows opens the door for a continuation of the up trend in the next sessions, always with the 1.1500/50 band as strong resistance and the 200-hour SMA at 1.1424 holding the downside.

EUR/USD, 60 min

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • In the 4-hour chart, the 10-hour SMA at 1.1426 emerges as interim contention ahead of the more relevant support zone near 1.1420.

EUR/USD, 240 min

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Today Last Price:  1.1453
       Today Daily change:  -20  pips
       Today Daily change %:  -0.174%
       Today Daily Open:  1.1473
Trends:
       Previous Daily SMA20:  1.1387
       Previous Daily SMA50:  1.1372
       Previous Daily SMA100:  1.148
       Previous Daily SMA200:  1.1662
Levels:
       Previous Daily High:  1.1586
       Previous Daily Low:  1.1446
       Previous Weekly High:  1.1478
       Previous Weekly Low:  1.1343
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Previous Daily Fibonacci 38.2%:  1.1532
       Previous Daily Fibonacci 61.8%:  1.15
       Previous Daily Pivot Point S1:  1.1418
       Previous Daily Pivot Point S2:  1.1362
       Previous Daily Pivot Point S3:  1.1278
       Previous Daily Pivot Point R1:  1.1556
       Previous Daily Pivot Point R2:  1.164
       Previous Daily Pivot Point R3:  1.1696

 

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