EUR/USD Technical Analysis: Upside so far capped by the key 200-day SMA at 1.1362


  • EUR/USD is recovering part of the ground lost on Wednesday to the 1.1290/80 band.
  • Further consolidation around current levels carries the potential to morph into the inability of the pair to convincingly break above recent tops in the mid-1.1300s and motivate sellers to return to the markets.
  • This view is reinforced by Wednesday’s bearish ‘outside day’.
  • On the upside, the next hurdle of significance is t he 200-day SMA, today at 1.1362.

EUR/USD daily chart

EUR/USD

Overview
Today last price 1.1295
Today Daily Change 13
Today Daily Change % 0.07
Today daily open 1.1287
 
Trends
Daily SMA20 1.1212
Daily SMA50 1.1219
Daily SMA100 1.1274
Daily SMA200 1.1365
Levels
Previous Daily High 1.1344
Previous Daily Low 1.1282
Previous Weekly High 1.1348
Previous Weekly Low 1.116
Previous Monthly High 1.1266
Previous Monthly Low 1.1107
Daily Fibonacci 38.2% 1.1306
Daily Fibonacci 61.8% 1.1321
Daily Pivot Point S1 1.1265
Daily Pivot Point S2 1.1242
Daily Pivot Point S3 1.1203
Daily Pivot Point R1 1.1327
Daily Pivot Point R2 1.1367
Daily Pivot Point R3 1.1389

 

 

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