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EUR/USD Technical Analysis: Hindered at 1.1400, but bidders remain on the books

  • EUR/USD is catching some mild intraday bullish action off of a rising 50-period moving average, though the pair remains constrained underneath recent highs.

EUR/USD, 15-Minute

  • Hourly candles have the EUR/USD lifting into what could form into a fresh bullish pattern, but Wednesday's hard spike on broad-base Greenback selling has skewed the 50-hour moving average, which is knocking into the 200-hour moving average and geared for a bullish cross.

EUR/USD, 1-Hour

  • 4-Hour candles are testing into a heavy resistance zone featuring several confluence factors, including a declining trendline, a bearish 200-period moving average, and the 61.8% Fibo retracement level from last week's peak.

EUR/USD, 4-Hour

EUR/USD

Overview:
    Today Last Price: 1.1393
    Today Daily change: 3.0 pips
    Today Daily change %: 0.0263%
    Today Daily Open: 1.139
Trends:
    Previous Daily SMA20: 1.1364
    Previous Daily SMA50: 1.146
    Previous Daily SMA100: 1.1534
    Previous Daily SMA200: 1.177
Levels:
    Previous Daily High: 1.1402
    Previous Daily Low: 1.1348
    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%: 1.1382
    Previous Daily Fibonacci 61.8%: 1.1369
    Previous Daily Pivot Point S1: 1.1358
    Previous Daily Pivot Point S2: 1.1326
    Previous Daily Pivot Point S3: 1.1304
    Previous Daily Pivot Point R1: 1.1412
    Previous Daily Pivot Point R2: 1.1434
    Previous Daily Pivot Point R3: 1.1466

 

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