Home EUR/USD Technical Analysis: The pair remains bid near 1.1400. Upside capped around 1.1460/70
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EUR/USD Technical Analysis: The pair remains bid near 1.1400. Upside capped around 1.1460/70

  • Spot is advancing for the second session in a row today, adding to Wednesday’s gains and managing well to keep the trade around 1.1400 the figure for the time being.
  • Tuesday’s bearish ‘outside day’ still remains in play, although the pair needs to regain recent tops around 1.1470 and above to allow for a re-test of the 1.1500 neighbourhood.
  • On the downside, the 1.1369/52 band should offer initial support, where converge weekly lows and the 21-, 10-day SMAs.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Last Price:  1.1402
       Daily change:  19  pips
       Daily change:  0.167%
       Daily Open:  1.1383
Trends:
       Daily SMA20:  1.1368
       Daily SMA50:  1.1499
       Daily SMA100:  1.1555
       Daily SMA200:  1.1802
Levels:
       Daily High:  1.1426
       Daily Low:  1.1364
       Weekly High:  1.142
       Weekly Low:  1.1216
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.1402
       Daily Fibonacci 61.8%:  1.1387
       Daily Pivot Point S1:  1.1356
       Daily Pivot Point S2:  1.1329
       Daily Pivot Point S3:  1.1294
       Daily Pivot Point R1:  1.1418
       Daily Pivot Point R2:  1.1453
       Daily Pivot Point R3:  1.148

 

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