EUR/USD Technical Analysis: Set for a bounce to the upside on a sideways wedge from 1.1300
|- EUR/USD has again returned to a bearish intraday setup, running into resistance at the 50-period moving average on 5-minute candles with further intraday resistance capped at the 200-period MA at 1.1340; a break of this level could see the Fiber twist into another hesitant bull day.
EUR/USD, 5-Minute
- Volatility plays over the past two weeks have left the pair with higher highs in the near-term, but plays towards the downside leave the Fiber strung out across the 200-period MA on higher timeframes as the middle ground on EUR/USD continues to open up with little directional bias baked in.
EUR/USD, 30-Minute
- Looking further out on the 4-hour candlesticks, EUR/USD is primed for a break of a constraining sideways wedge as the Fiber continues to cycle around the 1.1300 handle.
EUR/USD, 4-Hour
EUR/USD
Overview:
Today Last Price: 1.1325
Today Daily change: -13 pips
Today Daily change %: -0.115%
Today Daily Open: 1.1338
Trends:
Previous Daily SMA20: 1.1353
Previous Daily SMA50: 1.1434
Previous Daily SMA100: 1.1523
Previous Daily SMA200: 1.1755
Levels:
Previous Daily High: 1.1419
Previous Daily Low: 1.1318
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%: 1.1357
Previous Daily Fibonacci 61.8%: 1.138
Previous Daily Pivot Point S1: 1.1298
Previous Daily Pivot Point S2: 1.1258
Previous Daily Pivot Point S3: 1.1197
Previous Daily Pivot Point R1: 1.1398
Previous Daily Pivot Point R2: 1.1459
Previous Daily Pivot Point R3: 1.1499
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.