EUR/USD technical analysis: Fiber bounces from daily lows, back near 1.1150 level


  • The Euro is nearing the 1.1165 resistance at the end of the London session.
  • A break above 1.1165 resistance is necessary to open the gates to further gains.
 

EUR/USD daily chart

 
On the daily chart, the Fiber is trading in a bear trend below its 200-day simple moving average (DMA). This Thursday, the spot is trying to break above the October high at the 1.1179 level.
 

EUR/USD four-hour chart

 
EUR/USD, on the four-hour chart, is trading above the main SMAs suggesting a bullish momentum in the medium term. The level to beat for buyers is the 1.1165 resistance which can lead to the 1.1181/1.1193, 1.1220 and 1.1255 resistances on the way up, according to the Technical Confluences Indicator.
 
 

EUR/USD 30-minute chart

 
EUR/USD is trading above its main SMAs on the 30-minute chart, suggesting a bullish bias in the near term. Support is seen at the 1.1150, 1.1133 and 1.1113/20 price levels.
 

Additional key levels

EUR/USD

Overview
Today last price 1.1156
Today Daily Change 0.0005
Today Daily Change % 0.04
Today daily open 1.1151
 
Trends
Daily SMA20 1.1065
Daily SMA50 1.1038
Daily SMA100 1.1126
Daily SMA200 1.12
 
Levels
Previous Daily High 1.1152
Previous Daily Low 1.108
Previous Weekly High 1.1063
Previous Weekly Low 1.0941
Previous Monthly High 1.111
Previous Monthly Low 1.0885
Daily Fibonacci 38.2% 1.1125
Daily Fibonacci 61.8% 1.1108
Daily Pivot Point S1 1.1103
Daily Pivot Point S2 1.1055
Daily Pivot Point S3 1.103
Daily Pivot Point R1 1.1175
Daily Pivot Point R2 1.12
Daily Pivot Point R3 1.1248

 

 

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