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EUR/USD Technical Analysis: gearing for an early run into 1.1500 despite market risks

  • After a soft float through early Wednesday’s intraday action down into the 1.1340 level, a rapid pickup is bumping EUR/USD towards the 1.1500 handle, marking in pre-Europe levels at 1.1490.

EUR/USD, 5-Minute

  • The Euro looks set to take full advantage of higher lows in recent weeks, lifting into new near-term highs as the Fiber makes an early run at 1.1500.

EUR/USD, 30-Minute

  • Fiber is challenging the upper bounds of medium-term resistance at the critical 1.1500 level, and rising swing lows could see the Euro push into a new range, though post-holiday market volumes remain thin, and early moves are likely to be faded heavily.

EUR/USD, 4-Hour

EUR/USD

Overview:
       Today Last Price:  1.1494
       Today Daily change:  21  pips
       Today Daily change %:  0.183%
       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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