Home EUR/USD Technical Analysis: Downside pressure persists below 1.1500
FXStreet News

EUR/USD Technical Analysis: Downside pressure persists below 1.1500

  • The pair comes under some selling pressure at the end of the week after two consecutive daily advances and a couple of failed attempts to break above the 1.1400 mark.
  • The negative bias is poised to persist as long as the pair trades below November’s peak in the 1.1500 neighbourhood, leaving a test of YTD lows around 1.1200 well on the cards.
  • On the upside, interim hurdle emerges at recent tops in the 1.1470/80 band.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Today Last Price:  1.1379
       Today Daily change:  -11  pips
       Today Daily change %:  -0.0966%
       Today Daily Open:  1.139
Trends:
       Previous Daily SMA20:  1.1364
       Previous Daily SMA50:  1.146
       Previous Daily SMA100:  1.1534
       Previous Daily SMA200:  1.177
Levels:
       Previous Daily High:  1.1402
       Previous Daily Low:  1.1348
       Previous Weekly High:  1.1473
       Previous Weekly Low:  1.1328
       Previous Monthly High:  1.1625
       Previous Monthly Low:  1.1302
       Previous Daily Fibonacci 38.2%:  1.1382
       Previous Daily Fibonacci 61.8%:  1.1369
       Previous Daily Pivot Point S1:  1.1358
       Previous Daily Pivot Point S2:  1.1326
       Previous Daily Pivot Point S3:  1.1304
       Previous Daily Pivot Point R1:  1.1412
       Previous Daily Pivot Point R2:  1.1434
       Previous Daily Pivot Point R3:  1.1466

 

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.