EUR/USD Technical Analysis: Rally halted ahead of the 100-day SMA near 1.1480
|- The multi-day recovery in the EUR/USD has run out of steam in the 1.1480 region, coincident with the key 100-day SMA.
- The 1.1500/50 band remains a formidable barrier for EUR-bulls in the near/medium term. This area of resistance is also reinforced by the proximity of the top of the daily cloud.
- In the meantime, a re-test of the 1.1300/1.1265 area remains on the cards while spot trades below the short-term resistance line, today at 1.1570.
EUR/USD
Overview:
Today Last Price: 1.1447
Today Daily change: -30 pips
Today Daily change %: -0.261%
Today Daily Open: 1.1477
Trends:
Previous Daily SMA20: 1.1394
Previous Daily SMA50: 1.1374
Previous Daily SMA100: 1.148
Previous Daily SMA200: 1.1643
Levels:
Previous Daily High: 1.1484
Previous Daily Low: 1.1396
Previous Weekly High: 1.1586
Previous Weekly Low: 1.1309
Previous Monthly High: 1.1486
Previous Monthly Low: 1.1269
Previous Daily Fibonacci 38.2%: 1.1451
Previous Daily Fibonacci 61.8%: 1.143
Previous Daily Pivot Point S1: 1.1421
Previous Daily Pivot Point S2: 1.1365
Previous Daily Pivot Point S3: 1.1333
Previous Daily Pivot Point R1: 1.1509
Previous Daily Pivot Point R2: 1.1541
Previous Daily Pivot Point R3: 1.1597
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.