Home EUR/USD Technical Analysis: A probable test of the 200-week SMA is back on the cards
FXStreet News

EUR/USD Technical Analysis: A probable test of the 200-week SMA is back on the cards

  • The pair is prolonging the leg lower following last week’s tops beyond the 1.1500 handle.
  • The loss of the 100-day SMA at 1.1436 has opened the door for a deeper retracement to, initially, the 55-day SMA at 1.1391.
  • Further south emerges the critical 200-week SMA in the 1.1330 region. A break below this area should leave YTD lows in the 1.1290/85 band exposed.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.1386
       Today Daily change:  -0.0027  pips
       Today Daily change %:  -0.24%
       Today Daily Open:  1.1413
Trends:
       Daily SMA20:  1.1423
       Daily SMA50:  1.1401
       Daily SMA100:  1.1437
       Daily SMA200:  1.1554
Levels:
       Previous Daily High:  1.1453
       Previous Daily Low:  1.1401
       Previous Weekly High:  1.1516
       Previous Weekly Low:  1.139
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1421
       Daily Fibonacci 61.8%:  1.1433
       Daily Pivot Point S1:  1.1392
       Daily Pivot Point S2:  1.1371
       Daily Pivot Point S3:  1.1341
       Daily Pivot Point R1:  1.1443
       Daily Pivot Point R2:  1.1473
       Daily Pivot Point R3:  1.1494

 

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.