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EUR/USD Technical Analysis: Strangling just above 1.1400

  • The EUR/USD is marking out territory near 1.1430 after slipping down from Wednesday’s peak at the 1.1500 major technical handle; Thursday’s early intraday action has priced in a soft floor near 1.1420 in the runup to the end-week.
  • EUR/USD analysis: retreats from 1.1500 but poised to keep advancing

EUR/USD M5

  • Hourly candles have the Fiber making rough plays for higher ground, but bullish moves are getting rejected by stiff shortselling  from critical levels, and buyers will be hoping to keep the EUR/USD in play above the 200-hour moving average near 1.1390.

EUR/USD H1

  • The past two months show the EUR/USD struggling to make a bullish recovery, clipping into lower lows following a decline from late September’s peak of 1.1815, and buyers are facing a rejection from the 200-period moving average, and the 50-period moving average is looking like thin support from 1.1415.

EUR/USD H4

EUR/USD

Overview:
       Last Price:  1.1434
       Daily change:  -5.0  pips
       Daily change:  -0.0437%
       Daily Open:  1.1439
Trends:
       Daily SMA20:  1.1449
       Daily SMA50:  1.1552
       Daily SMA100:  1.1584
       Daily SMA200:  1.1852
Levels:
       Daily High:  1.15
       Daily Low:  1.1395
       Weekly High:  1.1456
       Weekly Low:  1.1302
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.146
       Daily Fibonacci 61.8%:  1.1435
       Daily Pivot Point S1:  1.1389
       Daily Pivot Point S2:  1.1339
       Daily Pivot Point S3:  1.1284
       Daily Pivot Point R1:  1.1495
       Daily Pivot Point R2:  1.155
       Daily Pivot Point R3:  1.16

 

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