EUR/USD technical analysis: Euro clings to daily highs above the 1.1100 handle


  • This Tuesday, the Fiber is picking up some steam challenging the 1.1109 resistance.
  • Support is seen at the 1.1092 and 1.1075 price levels.
 

EUR/USD daily chart

 
On the daily chart, the Euro is trading in a bear trend below its 100 and 200-day simple moving averages (DMAs). The primary macroeconomic event of the week is likely going to be the Fed Interest Rate Decision on Wednesday. 
 
 
 

EUR/USD four-hour chart

 
The Euro, on the four-hour chart, is trading above its 100 and 200 SMAs while challenging the 1.1109 resistance. A daily close above the level can lead to further strength towards 1.1120, 1.1135 and 1.1167 resistance levels, according to the Technical Confluences Indicator.
 
 

EUR/USD 30-minute chart

 
The exchange rate is trading above its main SMAs on the 30-minute chart, suggesting a potential bullish bias in the near term. Support is seen at 1.1092 and 1.1075 price levels.
 

Additional key levels

EUR/USD

Overview
Today last price 1.1109
Today Daily Change 0.0007
Today Daily Change % 0.06
Today daily open 1.1102
 
Trends
Daily SMA20 1.1046
Daily SMA50 1.1036
Daily SMA100 1.113
Daily SMA200 1.1202
 
Levels
Previous Daily High 1.1107
Previous Daily Low 1.1076
Previous Weekly High 1.1063
Previous Weekly Low 1.0941
Previous Monthly High 1.111
Previous Monthly Low 1.0885
Daily Fibonacci 38.2% 1.1096
Daily Fibonacci 61.8% 1.1088
Daily Pivot Point S1 1.1083
Daily Pivot Point S2 1.1064
Daily Pivot Point S3 1.1052
Daily Pivot Point R1 1.1114
Daily Pivot Point R2 1.1126
Daily Pivot Point R3 1.1145

 

 

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