EUR/USD Technical Analysis: Strangled between key indicators at 1.1400

The past twenty-four hours see the EUR/USD drifting higher, but remains constrained underneath Thursday's peak at 1.1434.

Joshua Gibson FXStreet

EUR/USD Chart, 5-Minute

Although the Fiber sees highs on the lower side of November 20th's peak, support is still being found and the pair is putting in an effort to reclaim the 1.1400 handle.

EUR/USD Chart, 30-Minute

The EUR/USD is teasing a soft break of a descending trendline, but the pair does remain overall constrained underneath lower highs, and the 200-period moving average is providing near-term resistance.

EUR/USD Chart, 4-Hour

EUR/USD

Overview:
    Last Price: 1.1419
    Daily change: 13 pips
    Daily change: 0.114%
    Daily Open: 1.1406
Trends:
    Daily SMA20: 1.137
    Daily SMA50: 1.1494
    Daily SMA100: 1.1553
    Daily SMA200: 1.1797
Levels:
    Daily High: 1.1434
    Daily Low: 1.1381
    Weekly High: 1.142
    Weekly Low: 1.1216
    Monthly High: 1.1625
    Monthly Low: 1.1302
    Daily Fibonacci 38.2%: 1.1414
    Daily Fibonacci 61.8%: 1.1402
    Daily Pivot Point S1: 1.138
    Daily Pivot Point S2: 1.1354
    Daily Pivot Point S3: 1.1327
    Daily Pivot Point R1: 1.1433
    Daily Pivot Point R2: 1.1461
    Daily Pivot Point R3: 1.1487

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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