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EUR/USD Technical Analysis: Decisions to be made at an inflection point above 1.1550

  • The Euro found itself on the topside of a bullish push in early Asia action as the US Dollar stoops lower despite a lack of hard headlines or key data.
  • The EUR/USD is now at a middling point near 1.1550, with buyers hoping the current rising trendline will hold.
  • Hourly indicators are beginning to flash sell signals, and the current price action is beginning to curve away from Thursday's early peak.

EUR/USD Chart, 15-Minute

EUR/USD

Overview:
    Last Price: 1.1557
    Daily change: 36 pips
    Daily change: 0.312%
    Daily Open: 1.1521
Trends:
    Daily SMA20: 1.1625
    Daily SMA50: 1.1585
    Daily SMA100: 1.163
    Daily SMA200: 1.1925
Levels:
    Daily High: 1.1546
    Daily Low: 1.148
    Weekly High: 1.1625
    Weekly Low: 1.1464
    Monthly High: 1.1816
    Monthly Low: 1.1464
    Daily Fibonacci 38.2%: 1.1521
    Daily Fibonacci 61.8%: 1.1505
    Daily Pivot Point S1: 1.1485
    Daily Pivot Point S2: 1.1449
    Daily Pivot Point S3: 1.1419
    Daily Pivot Point R1: 1.1552
    Daily Pivot Point R2: 1.1582
    Daily Pivot Point R3: 1.1618

 

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