EUR/USD Technical Analysis: Euro remains contained in a 40-pip range

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its main simple moving averages.

EUR/USD 4-hour chart

EUR/USD is above the 1.1300 key level.
EUR/USD is trading between the 50 and 100 SMA suggesting a consolidation phase.

EUR/USD 30-minute chart

EUR/USD is trading in a tight range between 1.1320 and 1.1360.
On a breakout above 1.1360, the 1.1380 and 1.1400 level can become the next resistances.
A break below 1.1320 on a daily closing basis could see 1.1280 key level revisited.

Additional key levels:

EUR/USD

Overview:
    Today Last Price: 1.1338
    Today Daily change: -1 pips
    Today Daily change %: -0.01%
    Today Daily Open: 1.1339
Trends:
    Daily SMA20: 1.1367
    Daily SMA50: 1.1391
    Daily SMA100: 1.1397
    Daily SMA200: 1.1519
Levels:
    Previous Daily High: 1.1368
    Previous Daily Low: 1.1318
    Previous Weekly High: 1.1344
    Previous Weekly Low: 1.1234
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1337
    Daily Fibonacci 61.8%: 1.1349
    Daily Pivot Point S1: 1.1315
    Daily Pivot Point S2: 1.1292
    Daily Pivot Point S3: 1.1266
    Daily Pivot Point R1: 1.1365
    Daily Pivot Point R2: 1.1391
    Daily Pivot Point R3: 1.1414

Author

Flavio Tosti

Independent Analyst

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