EUR/USD Technical Analysis: Remaining upright from the 1.1300 zone


  • The Euro heads into Wednesday's market session towards the low end, and intraday barriers sit on either side of EUR/USD at yesterday's low of 1.1306, with intraday resistance sitting at the 38.2% Fibo retracement level of 1.1342.

EUR/USD, 5-Minute

  • The near-term sees the EUR/USD pair testing support at the 1.1300 major handle, and the pair routinely undergoes rapid rises and falls, largely owing to USD flows from the early US trading window.

EUR/USD, 30-Minute

  • Looking further out, the EUR/USD pairing sees a constraining pattern forming on 4-hour candlesticks, and swing traders will be looking for a break-and-retest of either boundary before loading into further positions, and the Fiber is likely to remain middling heading into the Christmas season.

EUR/USD, 4-Hour

EUR/USD

Overview:
    Today Last Price: 1.1323
    Today Daily change: -5.0 pips
    Today Daily change %: -0.0441%
    Today Daily Open: 1.1328
Trends:
    Previous Daily SMA20: 1.1361
    Previous Daily SMA50: 1.1409
    Previous Daily SMA100: 1.1508
    Previous Daily SMA200: 1.1733
Levels:
    Previous Daily High: 1.14
    Previous Daily Low: 1.1306
    Previous Weekly High: 1.1424
    Previous Weekly Low: 1.1311
    Previous Monthly High: 1.15
    Previous Monthly Low: 1.1216
    Previous Daily Fibonacci 38.2%: 1.1342
    Previous Daily Fibonacci 61.8%: 1.1365
    Previous Daily Pivot Point S1: 1.1289
    Previous Daily Pivot Point S2: 1.1251
    Previous Daily Pivot Point S3: 1.1195
    Previous Daily Pivot Point R1: 1.1383
    Previous Daily Pivot Point R2: 1.1439
    Previous Daily Pivot Point R3: 1.1477

 

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