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EUR/USD Technical Analysis: catching some near-term lift over 1.1400

  • The Euro is catching fresh bidding ahead of Thursday’s European market session, lifting back over the 1.1400 major handle in quiet Asian markets.

EUR/USD Chart, 5-Minute

  • The EUR/USD has been traveling along something of a bottom, but bullish momentum sees the pair keeping things in the air as the pair continues to mark in a trendline that sees the Euro challenging the USD as risk-on flows and Italian budget hopes leave the pair bizarely  optimistic.

EUR/USD Chart, 30-Minute

  • the last three months have the Fiber in a decidedly different position, with swing highs getting capped off by a 200-period moving avearge,

EUR/USD Chart, 4-Hour

EUR/USD

Overview:
       Last Price:  1.1407
       Daily change:  24  pips
       Daily change:  0.211%
       Daily Open:  1.1383
Trends:
       Daily SMA20:  1.1368
       Daily SMA50:  1.1499
       Daily SMA100:  1.1555
       Daily SMA200:  1.1802
Levels:
       Daily High:  1.1426
       Daily Low:  1.1364
       Weekly High:  1.142
       Weekly Low:  1.1216
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.1402
       Daily Fibonacci 61.8%:  1.1387
       Daily Pivot Point S1:  1.1356
       Daily Pivot Point S2:  1.1329
       Daily Pivot Point S3:  1.1294
       Daily Pivot Point R1:  1.1418
       Daily Pivot Point R2:  1.1453
       Daily Pivot Point R3:  1.148

 

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