EUR/USD technical analysis: Fiber breaks above 1.1263 within its daily range


  • EUR/USD breaks above 1.1263 opening the doors to 1.1274 resistance.
  • The level to beat for sellers is 1.1245 followed by 1.1220.

EUR/USD daily chart

EUR/USD is in a bear trend below the 1.1300 handle and its 200-day simple moving averages (DSMAs). The market is trading just above the 100 SMA.

EUR/USD 4-hour chart

EUR/USD broke above 1.1263 resistance opening the doors to 1.1274 resistance, according to the Technical Confluences Indicator.


EUR/USD 30-minute chart

EUR/USD is trading above its main SMAs suggesting bullish momentum in the near term. If bears want to retake control they would need a beak below 1.1245 support followed by 1.1220.


Additional key levels

EUR/USD

Overview
Today last price 1.1261
Today Daily Change 0.0007
Today Daily Change % 0.06
Today daily open 1.1254
 
Trends
Daily SMA20 1.1298
Daily SMA50 1.123
Daily SMA100 1.1262
Daily SMA200 1.1341
Levels
Previous Daily High 1.1286
Previous Daily Low 1.1245
Previous Weekly High 1.1373
Previous Weekly Low 1.1207
Previous Monthly High 1.1414
Previous Monthly Low 1.116
Daily Fibonacci 38.2% 1.1271
Daily Fibonacci 61.8% 1.1261
Daily Pivot Point S1 1.1237
Daily Pivot Point S2 1.122
Daily Pivot Point S3 1.1196
Daily Pivot Point R1 1.1279
Daily Pivot Point R2 1.1303
Daily Pivot Point R3 1.132

 

 

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: positive mood could prevent the collapse

The shared currency has remained under selling pressure on Friday, amid mounting speculation the ECB will announce a larger-than-anticipated stimulus package next September. EUR/USD capped by a Fibonacci resistance at 1.1110, yearly low at risk.

EUR/USD News

GBP/USD: economic disruption on a no-deal Brexit to weigh on Sterling

The GBP/USD pair has closed the week with gains, a handful of pips below the 1.2150 level. The Pound advanced for a third consecutive day, helped by some headlines indicating that Jeremy Corbyn, has been in talks with the Scottish National Party.

GBP/USD News

USD/JPY: short-term advance to be capped by long-term jitters

The USD/JPY has recovered some ground these last few days, to close the week at 106.35. Still, it posted a lower low and a lower high when compared to the previous week, as the Yen benefited from its safe-haven condition on mounting concerns about a US recession. 

USD/JPY News

Gold gives back territory towards a 23.6% retracement

Gold prices were a touch lower by the end of the week, falling -0.68% having travelled between a high of $1,528.00 to a low of $1,503.87, ending the NY session around $1,513. 

Gold News

Four Signs of A Bear Market

I am a believer that the Universe gives you signs. That may sound a bit crazy, but these three charts are three more signs of a bear market. The top chart is the GLD exchange traded fund.

Read more

MAJORS

Cryptocurrencies

Signatures


  •  
  •  
  •  
  •  
  •