EUR/USD Technical Analysis: Continuing to spiral around 1.1350

EUR/USD is catching a bid in the early Pacific session for Wednesday, lifting back into 1.1380 as the EUR recovers from mid-Tuesday's decline from the 1.1400 handle.

Joshua Gibson FXStreet

EUR/USD, 5-Minute

The last two weeks sees the Fiber constrained in a rough sideways pattern, roiling in thinning December markets as market fears run the gamut from European political fears, US-China trade angst, Brexit concerns, and a global growth slowdown, keeping the EUR capped as the greenback whips back and forth.

EUR/USD, 30-Minute

The Euro's lateral moves can be seen on 4-hour candles, with the pair likely to remain constrained heading into the new year.

EUR/USD, 4-Hour

EUR/USD

Overview:
    Today Last Price: 1.1383
    Today Daily change: 19 pips
    Today Daily change %: 0.167%
    Today Daily Open: 1.1364
Trends:
    Previous Daily SMA20: 1.1354
    Previous Daily SMA50: 1.1394
    Previous Daily SMA100: 1.1491
    Previous Daily SMA200: 1.1708
Levels:
    Previous Daily High: 1.1404
    Previous Daily Low: 1.1337
    Previous Weekly High: 1.1444
    Previous Weekly Low: 1.1269
    Previous Monthly High: 1.15
    Previous Monthly Low: 1.1216
    Previous Daily Fibonacci 38.2%: 1.1378
    Previous Daily Fibonacci 61.8%: 1.1362
    Previous Daily Pivot Point S1: 1.1332
    Previous Daily Pivot Point S2: 1.1301
    Previous Daily Pivot Point S3: 1.1265
    Previous Daily Pivot Point R1: 1.1399
    Previous Daily Pivot Point R2: 1.1435
    Previous Daily Pivot Point R3: 1.1466

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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