EUR/USD Technical Analysis: Sticking above 1.1400 for now
|- The EUR/USD has seen a notable pickup in volatility over the past twenty-four hours, but directional bias for the pair remains slim heading into Thursday as the Euro's whipping on US mid-term elections leaves both sides of the ask line in the lurch.
- EUR/USD Forecast: 3 drivers to watch after the Dems' win boosts the pair
EUR/USD M5
- This week sees the Fiber trying to make a bullish run, but so far has remained capped by last Friday's peaks as overzealous bidders get faded back down to last week's late peaks around 1.1450.
EUR/USD M15
- Looking further out, the Fiber has managed to clear out some room above from the last swing low into the 1.1300 handle, but moves higher are seeing significant pushback, and buyers will have to rely on support from the 200-hour moving average near 1.1385, and a possible dip back below 1.1400 isn't out of the question for the mid-week.
EUR/USD H1
EUR/USD
Overview:
Last Price: 1.1443
Daily change: 25 pips
Daily change: 0.219%
Daily Open: 1.1418
Trends:
Daily SMA20: 1.1453
Daily SMA50: 1.1557
Daily SMA100: 1.1586
Daily SMA200: 1.1857
Levels:
Daily High: 1.1438
Daily Low: 1.1392
Weekly High: 1.1456
Weekly Low: 1.1302
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.142
Daily Fibonacci 61.8%: 1.1409
Daily Pivot Point S1: 1.1394
Daily Pivot Point S2: 1.1369
Daily Pivot Point S3: 1.1347
Daily Pivot Point R1: 1.144
Daily Pivot Point R2: 1.1462
Daily Pivot Point R3: 1.1487
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.