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EUR/USD Technical Analysis: The up move faltered just ahead of the 100-day SMA near 1.1140

  • EUR/USD has quickly climbed to fresh 2-month highs near 1.1140 boosted by news of a Brexit deal.
  • While the 100-day SMA at 1.1140 should offer initial resistance, the continuation of the buying impetus could lift the pair to, initially, 1.1163 (high August 26th) ahead of the Fibo retracement at 1.1186.
  • Further up emerges the critical 200-day SMA at 1.1210.

EUR/USD daily chart

EUR/USD

Overview
Today last price1.1118
Today Daily Change74
Today Daily Change %0.42
Today daily open1.1072
 
Trends
Daily SMA201.0986
Daily SMA501.104
Daily SMA1001.1139
Daily SMA2001.1214
 
Levels
Previous Daily High1.1086
Previous Daily Low1.1022
Previous Weekly High1.1063
Previous Weekly Low1.0941
Previous Monthly High1.111
Previous Monthly Low1.0885
Daily Fibonacci 38.2%1.1062
Daily Fibonacci 61.8%1.1047
Daily Pivot Point S11.1034
Daily Pivot Point S21.0996
Daily Pivot Point S31.097
Daily Pivot Point R11.1098
Daily Pivot Point R21.1124
Daily Pivot Point R31.1162

Author

Pablo Piovano

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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