EUR/USD Technical Analysis: Spot appears consolidative in the near term. Still below 1.1600
|- EUR/USD is prolonging the erratic performance so far this week, although a breakout of the 1.1600 handle in a sustainable fashion remains elusive.
- Interim hurdle aligns at recent tops beyond 1.1600 the figure, coincident with the 21-day SMA and ahead of the 100-day SMA at 1.1628.
- A convincing move beyond this area should allow a test of August’s peak at 1.1735 ahead of September’s tops above the 1.1800 milestone.
EUR/USD
Overview:
Last Price: 1.1572
Daily change: -8.0 pips
Daily change: -0.0691%
Daily Open: 1.158
Trends:
Daily SMA20: 1.1612
Daily SMA50: 1.1586
Daily SMA100: 1.1628
Daily SMA200: 1.1918
Levels:
Daily High: 1.1607
Daily Low: 1.154
Weekly High: 1.1611
Weekly Low: 1.143
Monthly High: 1.1816
Monthly Low: 1.143
Daily Fibonacci 38.2%: 1.1582
Daily Fibonacci 61.8%: 1.1566
Daily Pivot Point S1: 1.1544
Daily Pivot Point S2: 1.1509
Daily Pivot Point S3: 1.1478
Daily Pivot Point R1: 1.1611
Daily Pivot Point R2: 1.1642
Daily Pivot Point R3: 1.1677
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