Home EUR/USD Technical Analysis: Rebound could be temporary. Still targets 1.1300 and below
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EUR/USD Technical Analysis: Rebound could be temporary. Still targets 1.1300 and below

  • EUR/USD has started the week on a firm note following a context of renewed risk-on mood after the G20 event in Argentina.
  • The current rebound is seen as corrective only, while the short-term resistance line and recent tops in the 1.1400 neighbourhood emerge as the next relevant barrier.
  • The broader bearish noted is expected to prevail as long as the 1.1500 area caps the upside.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Today Last Price:  1.1362
       Today Daily change:  40  pips
       Today Daily change %:  0.353%
       Today Daily Open:  1.1322
Trends:
       Previous Daily SMA20:  1.136
       Previous Daily SMA50:  1.1451
       Previous Daily SMA100:  1.153
       Previous Daily SMA200:  1.1765
Levels:
       Previous Daily High:  1.1402
       Previous Daily Low:  1.1305
       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%:  1.1365
       Previous Daily Pivot Point S1:  1.1284
       Previous Daily Pivot Point S2:  1.1247
       Previous Daily Pivot Point S3:  1.1188
       Previous Daily Pivot Point R1:  1.138
       Previous Daily Pivot Point R2:  1.1439
       Previous Daily Pivot Point R3:  1.1477

 

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