EUR/USD Technical Analysis: Bulls looking hopeful from 1.1350
|- The EUR/USD looks set to generate some lift heading into Monday's European market session, rising from current lows near 1.1325 in the day's early action.
- The Euro got knocked further back on Friday following a disappointing miss for European inflation figures, and EU investors could be looking to regain their poise for the day.
EUR/USD Chart, 5-Minute
- The past two weeks have seen the EUR/USD take a couple of decent hits, slipping from a near-term high of 1.1472, and with technical indicators beginning to lean into overbought territory, the Fiber may still need another week before launching a bullish counter-attack.
EUR/USD Chart, 30-Minute
- Looking back over the past two months, further downside certainly looks possible, with a lower highs pattern maintaining a firm market presence since mid-October's upswing t 1.1620, and last week's failed attempt at the 200-period moving average could see the EUR/USD slumping back into the 1.1200 handle.
EUR/USD Chart, 4-Hour
EUR/USD
Overview:
Today Last Price: 1.1345
Today Daily change: 15 pips
Today Daily change %: 0.132%
Today Daily Open: 1.133
Trends:
Previous Daily SMA20: 1.1366
Previous Daily SMA50: 1.1488
Previous Daily SMA100: 1.1548
Previous Daily SMA200: 1.1791
Levels:
Previous Daily High: 1.1422
Previous Daily Low: 1.1328
Previous Weekly High: 1.1473
Previous Weekly Low: 1.1328
Previous Monthly High: 1.1625
Previous Monthly Low: 1.1302
Previous Daily Fibonacci 38.2%: 1.1364
Previous Daily Fibonacci 61.8%: 1.1386
Previous Daily Pivot Point S1: 1.1298
Previous Daily Pivot Point S2: 1.1266
Previous Daily Pivot Point S3: 1.1204
Previous Daily Pivot Point R1: 1.1392
Previous Daily Pivot Point R2: 1.1454
Previous Daily Pivot Point R3: 1.1487
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