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EUR/USD Technical Analysis: gearing for an early run into 1.1500 despite market risks

  • After a soft float through early Wednesday's intraday action down into the 1.1340 level, a rapid pickup is bumping EUR/USD towards the 1.1500 handle, marking in pre-Europe levels at 1.1490.

EUR/USD, 5-Minute

  • The Euro looks set to take full advantage of higher lows in recent weeks, lifting into new near-term highs as the Fiber makes an early run at 1.1500.

EUR/USD, 30-Minute

  • Fiber is challenging the upper bounds of medium-term resistance at the critical 1.1500 level, and rising swing lows could see the Euro push into a new range, though post-holiday market volumes remain thin, and early moves are likely to be faded heavily.

EUR/USD, 4-Hour

EUR/USD

Overview:
    Today Last Price: 1.1494
    Today Daily change: 21 pips
    Today Daily change %: 0.183%
    Today Daily Open: 1.1473
Trends:
    Previous Daily SMA20: 1.1387
    Previous Daily SMA50: 1.1372
    Previous Daily SMA100: 1.148
    Previous Daily SMA200: 1.1662
Levels:
    Previous Daily High: 1.1586
    Previous Daily Low: 1.1446
    Previous Weekly High: 1.1478
    Previous Weekly Low: 1.1343
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1532
    Previous Daily Fibonacci 61.8%: 1.15
    Previous Daily Pivot Point S1: 1.1418
    Previous Daily Pivot Point S2: 1.1362
    Previous Daily Pivot Point S3: 1.1278
    Previous Daily Pivot Point R1: 1.1556
    Previous Daily Pivot Point R2: 1.164
    Previous Daily Pivot Point R3: 1.1696

 

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