Home EUR/USD Technical Analysis: Further consolidation likely. Still capped around 1.1500
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EUR/USD Technical Analysis: Further consolidation likely. Still capped around 1.1500

  • EUR/USD faded the up move to the 1.1460 region on Friday on the back of a renewed pick up in the demand for the greenback.
  • In order to rule out potential pullbacks in the near term, spot should regain the 21-day SMA, today at 1.1457, coincident with last week’s peak.
  • In case sellers return to the markets, the 1.1300 neighbourhood should come to the fore ahead of the so far YTD low at 1.1299.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Last Price:  1.1381
       Daily change:  -7.0  pips
       Daily change:  -0.0615%
       Daily Open:  1.1388
Trends:
       Daily SMA20:  1.1461
       Daily SMA50:  1.1568
       Daily SMA100:  1.1589
       Daily SMA200:  1.1867
Levels:
       Daily High:  1.1456
       Daily Low:  1.1372
       Weekly High:  1.1456
       Weekly Low:  1.1302
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.1404
       Daily Fibonacci 61.8%:  1.1424
       Daily Pivot Point S1:  1.1354
       Daily Pivot Point S2:  1.1321
       Daily Pivot Point S3:  1.1271
       Daily Pivot Point R1:  1.1438
       Daily Pivot Point R2:  1.1489
       Daily Pivot Point R3:  1.1522

 

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