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EUR/USD Technical Analysis: Euro challenges the 1.1400 figure post-NFP - Opening the gates to 1.1475 level

EUR/USD daily chart

  • EUR/USD is in a bear trend below the 200-day simple moving average (SMA).
  • The US Nonfarm Payrolls (NFP) came in worse-than-expected at 155K vs. 200K expected helping EUR/USD to rise to the 1.1400 figure and the 50 SMA.

EUR/USD 4-hour chart

  • EUR/USD is trading above the 50, 100 and 200 SMAs.
  • If the 1.1400 resistance breaks, EUR/USD can have a potential continuation up to1.1475 and 1.1600 figure in the coming weeks. 

EUR/USD 30-minute chart

  • EUR/USD is holding gains above the 1.1360 level.
  • The bias should remain to the upside as long as the 1.1360 support holds. 

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.138
    Today Daily change: -2.0 pips
    Today Daily change %: -0.0176%
    Today Daily Open: 1.1382
Trends:
    Previous Daily SMA20: 1.1349
    Previous Daily SMA50: 1.1421
    Previous Daily SMA100: 1.1518
    Previous Daily SMA200: 1.1746
Levels:
    Previous Daily High: 1.1413
    Previous Daily Low: 1.1321
    Previous Weekly High: 1.1402
    Previous Weekly Low: 1.1267
    Previous Monthly High: 1.15
    Previous Monthly Low: 1.1216
    Previous Daily Fibonacci 38.2%: 1.1378
    Previous Daily Fibonacci 61.8%: 1.1356
    Previous Daily Pivot Point S1: 1.1331
    Previous Daily Pivot Point S2: 1.128
    Previous Daily Pivot Point S3: 1.124
    Previous Daily Pivot Point R1: 1.1423
    Previous Daily Pivot Point R2: 1.1464
    Previous Daily Pivot Point R3: 1.1515

 

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