Home EUR/USD Technical Analysis: The pair stays supported around the 55-day SMA near 1.1380
FXStreet News

EUR/USD Technical Analysis: The pair stays supported around the 55-day SMA near 1.1380

  • EUR/USD stays under pressure around the 1.1400 handle so far today, coming down after testing fresh tops in the 1.1580/85 band, where sits the 61.8% Fibo retracement of the September-November drop.
  • Further consolidation thus appears likely in the short-term horizon as long as the 55-day SMA around 1.1380 holds the downside.
  • On the upside, the key 100-day SMA at 1.1470 emerges as the interim hurdle ahead of more relevant levels at/above 1.1500 the figure.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.1416
       Today Daily change:  3.0  pips
       Today Daily change %:  0.0263%
       Today Daily Open:  1.1413
Trends:
       Previous Daily SMA20:  1.1432
       Previous Daily SMA50:  1.1385
       Previous Daily SMA100:  1.1471
       Previous Daily SMA200:  1.1619
Levels:
       Previous Daily High:  1.1491
       Previous Daily Low:  1.1382
       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%:  1.1424
       Previous Daily Fibonacci 61.8%:  1.145
       Previous Daily Pivot Point S1:  1.1366
       Previous Daily Pivot Point S2:  1.1319
       Previous Daily Pivot Point S3:  1.1257
       Previous Daily Pivot Point R1:  1.1476
       Previous Daily Pivot Point R2:  1.1538
       Previous Daily Pivot Point R3:  1.1585

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.