Home EUR/USD Technical Analysis: Spot appears consolidative around the 100-day SMA
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EUR/USD Technical Analysis: Spot appears consolidative around the 100-day SMA

  • The pair is alternating gains with losses at the beginning of the week, which continues to navigate around the 1.1470/80 band, where aligns the 100-day SMA.
  • The recent up move has been capped by the proximity of 1.1580, where sits the 61.8% Fibo of the September-November drop. That said, spot should surpass this area on a convincing fashion in order to open the door for a test of 1.1600 and above.
  • Extra consolidation could derive in a potential move lower with initial support at the 21-day SMA at 1.1411 ahead of the 55-day SMA at 1.1379.

EUR/USD daiy chart

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Today Last Price:  1.1462
       Today Daily change:  -1.0  pips
       Today Daily change %:  -0.00872%
       Today Daily Open:  1.1463
Trends:
       Previous Daily SMA20:  1.1423
       Previous Daily SMA50:  1.1384
       Previous Daily SMA100:  1.1476
       Previous Daily SMA200:  1.1627
Levels:
       Previous Daily High:  1.1541
       Previous Daily Low:  1.1458
       Previous Weekly High:  1.1571
       Previous Weekly Low:  1.1396
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Previous Daily Fibonacci 38.2%:  1.1489
       Previous Daily Fibonacci 61.8%:  1.1509
       Previous Daily Pivot Point S1:  1.1434
       Previous Daily Pivot Point S2:  1.1404
       Previous Daily Pivot Point S3:  1.1351
       Previous Daily Pivot Point R1:  1.1516
       Previous Daily Pivot Point R2:  1.157
       Previous Daily Pivot Point R3:  1.1599

 

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