News

EUR/USD Technical Analysis: Resistance line at 1.1403 continues to cap the upside

  • The pair remains in a consolidative mode so far this week following another failed attempt to break above the 1.1400 handle in past sessions.
  • EUR/USD continues to face strong resistance in the 1.1400 neighbourhood. This area is now reinforced by the short-term resistance line at 1.1403.
  • Immediate hurdle remains at recent peaks in the 1.1410/20 band ahead of the more relevant 1.1470/80 area.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
    Today Last Price: 1.1375
    Today Daily change: -7.0 pips
    Today Daily change %: -0.0615%
    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

 

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.