EUR/USD Technical Analysis: Rally expected to visit the 21-day SMA at 1.1621

  • EUR/USD is now struggling to add to recent gains and is returning to sub-1.1600 levels after clinching tops at 1.1610 in earlier in the day.
  • Further upside is expected to meet initial resistance at 1.1621, where sits the 21-day SMA ahead of the 100-day SMA, today at 1.1629. A breakout of this area on a convincing fashion is need to allow for extra gains.
  • On the downside, the 10-day SMA at 1.1532 emerges as the initial contention ahead of recent lows in the 1.1430 region.


    Last Price: 1.1585
    Daily change: -9.0 pips
    Daily change: -0.0776%
    Daily Open: 1.1594
    Daily SMA20: 1.1621
    Daily SMA50: 1.1586
    Daily SMA100: 1.1629
    Daily SMA200: 1.1923
    Daily High: 1.16
    Daily Low: 1.1519
    Weekly High: 1.1625
    Weekly Low: 1.1464
    Monthly High: 1.1816
    Monthly Low: 1.1464
    Daily Fibonacci 38.2%: 1.1569
    Daily Fibonacci 61.8%: 1.155
    Daily Pivot Point S1: 1.1542
    Daily Pivot Point S2: 1.149
    Daily Pivot Point S3: 1.1461
    Daily Pivot Point R1: 1.1623
    Daily Pivot Point R2: 1.1652
    Daily Pivot Point R3: 1.1704


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.