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EUR/USD Technical Analysis: Fiber looking for near-term lift from 1.1400

  • The EUR/USD is trading tightly near the  1.1400 technical level, with the last twenty-four hours seeing a non-directional cyclical pattern.
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EUR/USD M5

Hourly candles see the Euro trapped in a heavy cyclical pattern circling the 1.1400 handle, after picking up from recent lows at the 1.1300 major level, and the 200-hour moving average is providing support from 1.1380.

EUR/USD H1

In the longer-term, the Fiber is struggling to halt a long-term bear trend, and consolidation at the 50-day moving average is likely to see further declines.

EUR/USD H4

EUR/USD

Overview:
       Last Price:  1.141
       Daily change:  2.0  pips
       Daily change:  0.0175%
       Daily Open:  1.1408
Trends:
       Daily SMA20:  1.1456
       Daily SMA50:  1.1563
       Daily SMA100:  1.1587
       Daily SMA200:  1.1862
Levels:
       Daily High:  1.1424
       Daily Low:  1.1353
       Weekly High:  1.1456
       Weekly Low:  1.1302
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.1397
       Daily Fibonacci 61.8%:  1.138
       Daily Pivot Point S1:  1.1366
       Daily Pivot Point S2:  1.1324
       Daily Pivot Point S3:  1.1296
       Daily Pivot Point R1:  1.1437
       Daily Pivot Point R2:  1.1466
       Daily Pivot Point R3:  1.1507

 

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