Home EUR/USD Technical Analysis: In 2-week highs around 1.1350. Targets the 55-day SMA at 1.1365
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EUR/USD Technical Analysis: In 2-week highs around 1.1350. Targets the 55-day SMA at 1.1365

  • EUR/USD is extending the recent up move after finding decent support in the 21-day SMA at 1.1319 earlier in the session.
  • The up move in spot is now targeting the key 55-day SMA at 1.1365., considered the last defence of a test of late February peaks near 1.1420.
  • On the broader picture, a test of YTD lows in the 1.1180/75 band remains on the cards as long as the multi-month resistance line – today at 1.1424 – caps the upside.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.1349
       Today Daily change:  31  pips
       Today Daily change %:  0.20%
       Today Daily Open:  1.1326
Trends:
       Daily SMA20:  1.132
       Daily SMA50:  1.1366
       Daily SMA100:  1.1369
       Daily SMA200:  1.1487
Levels:
       Previous Daily High:  1.1346
       Previous Daily Low:  1.13
       Previous Weekly High:  1.1346
       Previous Weekly Low:  1.1222
       Previous Monthly High:  1.1489
       Previous Monthly Low:  1.1234
       Daily Fibonacci 38.2%:  1.1328
       Daily Fibonacci 61.8%:  1.1317
       Daily Pivot Point S1:  1.1302
       Daily Pivot Point S2:  1.1278
       Daily Pivot Point S3:  1.1256
       Daily Pivot Point R1:  1.1348
       Daily Pivot Point R2:  1.1369
       Daily Pivot Point R3:  1.1393

 

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