EUR/USD Technical Analysis: Near-term support from 1.1330 holding for now
|- The near-term EUR/USD chart is seeing stiff support from the 1.1335 region, where the pair bounced late last week, but the upside continues to remain limited as selling pressure keeps the Euro firmly pinned to key levels aimed towards the downside.
- EUR/USD Forecast: Deja-vu dead cat bounce with Italy's stagnation exacerbates the situation
- EUR/USD faces a hard-cap at 1.1390 on any recovery attempt – Confluence Detector
EUR/USD, M15
- Moving further up the timeframes, the Fiber has seen a notable slowdown in downward momentum, rupturing a descending near-term trendline, but a lack of broad-market risk appetite is spoiling any attempts at a bullish recovery.
EUR/USD, H1
- Looking to the H4 candles, the EUR/USD continues to see play in a descending channel, and while the last swing low is currently marking out a support zone, long-term short action sees the Euro setting up for another leg lower as the Greenback remains well-bid in the fx space.
EUR/USD, H4
EUR/USD
Overview:
Last Price: 1.1342
Daily change: -2.0 pips
Daily change: -0.0176%
Daily Open: 1.1344
Trends:
Daily SMA20: 1.1481
Daily SMA50: 1.1581
Daily SMA100: 1.1598
Daily SMA200: 1.1881
Levels:
Daily High: 1.1388
Daily Low: 1.1338
Weekly High: 1.1551
Weekly Low: 1.1336
Monthly High: 1.1816
Monthly Low: 1.1526
Daily Fibonacci 38.2%: 1.1358
Daily Fibonacci 61.8%: 1.1369
Daily Pivot Point S1: 1.1326
Daily Pivot Point S2: 1.1307
Daily Pivot Point S3: 1.1276
Daily Pivot Point R1: 1.1376
Daily Pivot Point R2: 1.1407
Daily Pivot Point R3: 1.1426
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