EUR/USD Technical Analysis: January set to continue rough sideways slide

EUR/USD managed to escape this week's trading with no major changes, heading into Friday's final sessions virtually unchanged from last week's closing prices as the major pair cycles around 1.1400.

Joshua Gibson FXStreet

EUR/USD, 15-Minute

December's trading sees the Fiber grinding sideways in choppy market action, but 1.1400 remains a key sticking point for EUR/USD as the two currencies battle it out at a major confluence point.

EUR/USD, 1-Hour

EUR/USD's two-month-plus consolidation range continues into January, but the major pair is notable far off of September's highs near 1.1800.

EUR/USD, 4-Hour

EUR/USD

Overview:
    Today Last Price: 1.1388
    Today Daily change: -10 pips
    Today Daily change %: -0.0877%
    Today Daily Open: 1.1398
Trends:
    Previous Daily SMA20: 1.1388
    Previous Daily SMA50: 1.1372
    Previous Daily SMA100: 1.148
    Previous Daily SMA200: 1.1652
Levels:
    Previous Daily High: 1.1412
    Previous Daily Low: 1.1309
    Previous Weekly High: 1.1478
    Previous Weekly Low: 1.1343
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1372
    Previous Daily Fibonacci 61.8%: 1.1348
    Previous Daily Pivot Point S1: 1.1335
    Previous Daily Pivot Point S2: 1.1271
    Previous Daily Pivot Point S3: 1.1232
    Previous Daily Pivot Point R1: 1.1437
    Previous Daily Pivot Point R2: 1.1475
    Previous Daily Pivot Point R3: 1.1539

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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