EUR/USD Technical Analysis: It is a slow grind up towards the 1.1500 figure

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below the 200 SMA.
EUR/USD is now trapped between the 50 and 100 SMA.

EUR/USD 4-hour chart

EUR/USD is trading within the range of the last two months.

EUR/USD daily chart

EUR/USD is trading above its main SMAs suggesting bullish momentum for the time being.
Resistance to the upside can be seen near 1.1470 and 1.1500 the figure while to the downside 1.1350 and 1.1320 are seen as support.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1452
    Today Daily change: 49 pips
    Today Daily change %: 0.430%
    Today Daily Open: 1.1403
Trends:
    Previous Daily SMA20: 1.1388
    Previous Daily SMA50: 1.1372
    Previous Daily SMA100: 1.148
    Previous Daily SMA200: 1.1647
Levels:
    Previous Daily High: 1.142
    Previous Daily Low: 1.1345
    Previous Weekly High: 1.1586
    Previous Weekly Low: 1.1309
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1391
    Previous Daily Fibonacci 61.8%: 1.1374
    Previous Daily Pivot Point S1: 1.1359
    Previous Daily Pivot Point S2: 1.1315
    Previous Daily Pivot Point S3: 1.1285
    Previous Daily Pivot Point R1: 1.1433
    Previous Daily Pivot Point R2: 1.1463
    Previous Daily Pivot Point R3: 1.1507

Author

Flavio Tosti

Independent Analyst

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