- The pair traded deeply into the red territory on Wednesday, charting at the same time a bearish engulfing candle and opening the door for further retracement in the short-term horizon.
- In the hourly chart, yesterday’s sharp sell off halted just ahead of the critical support at 1.1300 the figure. Despite the mild rebound so far, the pair is poised to remain under pressure, at least until tomorrow’s release of US jobs report.
- In the 4-hour chart, the area around 1.1380 emerges as an interim hurdle for the time being.
EUR/USD
Overview:
Today Last Price: 1.1359
Today Daily change: 13 pips
Today Daily change %: 0.115%
Today Daily Open: 1.1346
Trends:
Previous Daily SMA20: 1.1387
Previous Daily SMA50: 1.1372
Previous Daily SMA100: 1.148
Previous Daily SMA200: 1.1657
Levels:
Previous Daily High: 1.152
Previous Daily Low: 1.1325
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%: 1.1399
Previous Daily Fibonacci 61.8%: 1.1445
Previous Daily Pivot Point S1: 1.1274
Previous Daily Pivot Point S2: 1.1202
Previous Daily Pivot Point S3: 1.108
Previous Daily Pivot Point R1: 1.1468
Previous Daily Pivot Point R2: 1.1591
Previous Daily Pivot Point R3: 1.1663