EUR/USD Technical Analysis: Euro ending the week above 1.1300 handle

News

EUR/USD weekly chart

  • EUR/USD is testing the 200-week simple moving average near the 1.1337 level.
  • A break above 1.1337 would be significant.

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).

EUR/USD 4-hour chart

  • EUR/USD is trading between the 100 and the 200 SMAs suggesting a consolidation phase.
  • The key resistance to break for bulls is 1.1337/50 which can lead to 1.1400 figure.
  • However, before that, the bears might have an attempt at 1.1300 and 1.1260 support.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1326
    Today Daily change: 22 pips
    Today Daily change %: 0.19%
    Today Daily Open: 1.1304
Trends:
    Daily SMA20: 1.1318
    Daily SMA50: 1.1367
    Daily SMA100: 1.137
    Daily SMA200: 1.149
Levels:
    Previous Daily High: 1.1342
    Previous Daily Low: 1.1294
    Previous Weekly High: 1.1388
    Previous Weekly Low: 1.1176
    Previous Monthly High: 1.1489
    Previous Monthly Low: 1.1234
    Daily Fibonacci 38.2%: 1.1313
    Daily Fibonacci 61.8%: 1.1324
    Daily Pivot Point S1: 1.1284
    Daily Pivot Point S2: 1.1265
    Daily Pivot Point S3: 1.1236
    Daily Pivot Point R1: 1.1333
    Daily Pivot Point R2: 1.1362
    Daily Pivot Point R3: 1.1381

Products You May Like

Articles You May Like

How to Trade Forex Successfully starting with one pair – Full Workshop
Lululemon shares are up more than 80% over the past year, and one analyst says there’s more upside
A cabinet coup is underway to oust Theresa May – report
EU’s Tusk: Short Brexit extension conditional on support from House of Commons
USD/CAD – Canadian dollar flat ahead of Fed announcement

Leave a Reply

Your email address will not be published. Required fields are marked *