EUR/USD Technical Analysis: rising odds for a test of 1.0930


  • EUR/USD remains well on the defensive and it has recorded fresh weekly lows in the 1.0990/85 band earlier in the session.
  • That said, if the selling impetus picks up extra steam the next target will be at the 1.0930 region ahead of the 2019 low at 1.0879.
  • On the flip side, immediately above emerges the 55-day SMA at 1.1035. A breakout of this level is needed to reassert the positive outlook and allow a potential move to the 1.1100 region.

EUR/USD daily chart

EUR/USD

Overview
Today last price 1.0999
Today Daily Change 26
Today Daily Change % -0.08
Today daily open 1.1008
 
Trends
Daily SMA20 1.1098
Daily SMA50 1.1042
Daily SMA100 1.1104
Daily SMA200 1.1183
 
Levels
Previous Daily High 1.1022
Previous Daily Low 1.0995
Previous Weekly High 1.1176
Previous Weekly Low 1.1016
Previous Monthly High 1.118
Previous Monthly Low 1.0879
Daily Fibonacci 38.2% 1.1005
Daily Fibonacci 61.8% 1.1011
Daily Pivot Point S1 1.0995
Daily Pivot Point S2 1.0982
Daily Pivot Point S3 1.0969
Daily Pivot Point R1 1.1021
Daily Pivot Point R2 1.1035
Daily Pivot Point R3 1.1048

 

 

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