Home EUR/USD Technical Analysis: Consolidative near term. Potential for a test of 1.1300 (and below)
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EUR/USD Technical Analysis: Consolidative near term. Potential for a test of 1.1300 (and below)

  • EUR/USD is prolonging the sideline theme below the 1.1400 handle today, so far supported by the 1.1300 neighbourhood.
  • The recent rejection from the 1.1400 level and beyond has motivated sellers to return to the market and once again open the door for a probable leg lower.
  • Immediate support thus emerges at the 2018 low at 1.1214 (November 12) ahead of 1.1188, a Fibo retracement of the 2017-2018 rally.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Today Last Price:  1.1325
       Today Daily change:  -20  pips
       Today Daily change %:  -0.176%
       Today Daily Open:  1.1345
Trends:
       Previous Daily SMA20:  1.1348
       Previous Daily SMA50:  1.1427
       Previous Daily SMA100:  1.152
       Previous Daily SMA200:  1.1751
Levels:
       Previous Daily High:  1.1362
       Previous Daily Low:  1.1311
       Previous Weekly High:  1.1402
       Previous Weekly Low:  1.1267
       Previous Monthly High:  1.15
       Previous Monthly Low:  1.1216
       Previous Daily Fibonacci 38.2%:  1.1342
       Previous Daily Fibonacci 61.8%:  1.133
       Previous Daily Pivot Point S1:  1.1317
       Previous Daily Pivot Point S2:  1.1288
       Previous Daily Pivot Point S3:  1.1266
       Previous Daily Pivot Point R1:  1.1367
       Previous Daily Pivot Point R2:  1.139
       Previous Daily Pivot Point R3:  1.1418

 

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