Home EUR/USD Technical Analysis: The pair was rejected from key barrier at 1.1500. Keeps the upside bias so far
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EUR/USD Technical Analysis: The pair was rejected from key barrier at 1.1500. Keeps the upside bias so far

  • Following three consecutive daily advances, the pair is now showing some weakness after failing to extend the up move beyond the critical barrier at 1.1500 the figure on Wednesday.
  • In order to allow for extra gains EUR/USD needs to overcome the 1.1500 area and the 1.1559/83 band, where align the 55-day SMA and 100-day SMA.
  • A break below Monday’s low at 1.1356 should pave the way for a new visit to the 1.1300 neighbourhood, where sit last week’s lows and YTD low at 1.1299.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Last Price:  1.1424
       Daily change:  -15  pips
       Daily change:  -0.131%
       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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