EUR/USD Technical Analysis: Spot appears consolidative around the 100-day SMA


  • The pair is alternating gains with losses at the beginning of the week, which continues to navigate around the 1.1470/80 band, where aligns the 100-day SMA.
  • The recent up move has been capped by the proximity of 1.1580, where sits the 61.8% Fibo of the September-November drop. That said, spot should surpass this area on a convincing fashion in order to open the door for a test of 1.1600 and above.
  • Extra consolidation could derive in a potential move lower with initial support at the 21-day SMA at 1.1411 ahead of the 55-day SMA at 1.1379.

EUR/USD daiy chart

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
    Today Last Price: 1.1462
    Today Daily change: -1.0 pips
    Today Daily change %: -0.00872%
    Today Daily Open: 1.1463
Trends:
    Previous Daily SMA20: 1.1423
    Previous Daily SMA50: 1.1384
    Previous Daily SMA100: 1.1476
    Previous Daily SMA200: 1.1627
Levels:
    Previous Daily High: 1.1541
    Previous Daily Low: 1.1458
    Previous Weekly High: 1.1571
    Previous Weekly Low: 1.1396
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1489
    Previous Daily Fibonacci 61.8%: 1.1509
    Previous Daily Pivot Point S1: 1.1434
    Previous Daily Pivot Point S2: 1.1404
    Previous Daily Pivot Point S3: 1.1351
    Previous Daily Pivot Point R1: 1.1516
    Previous Daily Pivot Point R2: 1.157
    Previous Daily Pivot Point R3: 1.1599

 

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.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD under pressure below 1.1200 as USD holds firmer

EUR/USD bounces-off five-week lows of 1.1184, but remains pressured below 1.1200 amid broad-based US dollar strength and a minor recovery in the German yields. Focus remains on ECB decision. 

EUR/USD News

GBP/USD: Bears eyeing 1.2400 ahead of next UK PM announcement

The selling pressure around the pound gathers pace in the European session, knocking-off GBP/USD closer towards the 1.24 handle amid looming hard Brexit fears and BOE Saunders' comments. BoJo set to become the new UK PM.

GBP/USD News

USD/JPY climbs to multi-day tops, further beyond 108.00 handle

The USD/JPY pair continued gaining positive traction for the third consecutive session on Tuesday and built on last week's recovery move from four-week lows.

USD/JPY News

Gold: Greenback buyers, risk-on drive safe-haven to multi-day low

With the US Dollar (USD) buyers cheering recent positive news/headlines, Gold drops to multi-day low as it makes the rounds to $1,417 heading into the Europe markets’ open on Tuesday.

Gold News

Forex Today: King dollar rules in Asia, eyes on new UK PM announcement

USD hit weekly tops vs. main rivals; Trump, Congress leaders reached a deal on debt limit, Trump ramped up pressure on the Fed for easing. USD/JPY advanced beyond 108.00 – unfazed by BOJ pre-emptive easing talks.

Read more

MAJORS

Cryptocurrencies

Signatures


  •  
  •  
  •  
  •  
  •