Home EUR/USD Technical Analysis: Spot appears consolidative in the near term. Still below 1.1600
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EUR/USD Technical Analysis: Spot appears consolidative in the near term. Still below 1.1600

  • EUR/USD is prolonging the erratic performance so far this week, although a breakout of the 1.1600 handle in a sustainable fashion remains elusive.
  • Interim hurdle aligns at recent tops beyond 1.1600 the figure, coincident with the 21-day SMA and ahead of the 100-day SMA at 1.1628.
  • A convincing move beyond this area should allow a test of August’s peak at 1.1735 ahead of September’s tops above the 1.1800 milestone.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Last Price:  1.1572
       Daily change:  -8.0  pips
       Daily change:  -0.0691%
       Daily Open:  1.158
Trends:
       Daily SMA20:  1.1612
       Daily SMA50:  1.1586
       Daily SMA100:  1.1628
       Daily SMA200:  1.1918
Levels:
       Daily High:  1.1607
       Daily Low:  1.154
       Weekly High:  1.1611
       Weekly Low:  1.143
       Monthly High:  1.1816
       Monthly Low:  1.143
       Daily Fibonacci 38.2%:  1.1582
       Daily Fibonacci 61.8%:  1.1566
       Daily Pivot Point S1:  1.1544
       Daily Pivot Point S2:  1.1509
       Daily Pivot Point S3:  1.1478
       Daily Pivot Point R1:  1.1611
       Daily Pivot Point R2:  1.1642
       Daily Pivot Point R3:  1.1677

 

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