EUR/USD Price Analysis: Extra gains face tough hurdle at 1.1900


  • EUR/USD extends the side-lined theme below 1.19 on Friday.
  • Above 1.19 the pair targets the monthly peak at 1.1920 (November 9).

EUR/USD remains well immersed into the consolidative mood in the upper end of the weekly range albeit always in the sub-1.1900 area.

If sellers regain the upper hand, then there is room for the pair to slip back to, initially, last week’s lows around 1.1750 ahead of the next support area in the 1.1700 neighbourhood. On the opposite side, once 1.1900 is cleared then the focus of attention is expected to gyrate to the monthly top at 1.1920 (November 9).

Looking at the broader scenario, extra gains in EUR/USD are likely while above the critical 200-day SMA, today at 1.1376.

EUR/USD daily chart

EUR/USD

Overview
Today last price 1.187
Today Daily Change 39
Today Daily Change % -0.08
Today daily open 1.1879
 
Trends
Daily SMA20 1.1789
Daily SMA50 1.1775
Daily SMA100 1.1732
Daily SMA200 1.1373
 
Levels
Previous Daily High 1.188
Previous Daily Low 1.1816
Previous Weekly High 1.192
Previous Weekly Low 1.1746
Previous Monthly High 1.1881
Previous Monthly Low 1.164
Daily Fibonacci 38.2% 1.1856
Daily Fibonacci 61.8% 1.1841
Daily Pivot Point S1 1.1837
Daily Pivot Point S2 1.1794
Daily Pivot Point S3 1.1772
Daily Pivot Point R1 1.1901
Daily Pivot Point R2 1.1923
Daily Pivot Point R3 1.1965

 

 

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