6 Nov 2018
EUR/USD Technical Analysis: Appears consolidative near term. Gains capped by 21-day SMA at 1.1454
- The pair continues to navigate within a sideline theme around the 1.1400 neighbourhood.
- Occasional bullish attempts should face interim resistance in the mid-1.1400s, where aligns recent tops and the 21-day SMA. Spot needs to regain this area and above in order to reassert the upside pressure.
- On the downside, the 10-day SMA at 1.1382 emerges as the initial contention ahead of the 1.1300 area, where coincide last week’s low and the 2018 low.
EUR/USD daily chart
EUR/USD
Overview:
Last Price: 1.1419
Daily change: 11 pips
Daily change: 0.0964%
Daily Open: 1.1408
Trends:
Daily SMA20: 1.1456
Daily SMA50: 1.1563
Daily SMA100: 1.1587
Daily SMA200: 1.1862
Levels:
Daily High: 1.1424
Daily Low: 1.1353
Weekly High: 1.1456
Weekly Low: 1.1302
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1397
Daily Fibonacci 61.8%: 1.138
Daily Pivot Point S1: 1.1366
Daily Pivot Point S2: 1.1324
Daily Pivot Point S3: 1.1296
Daily Pivot Point R1: 1.1437
Daily Pivot Point R2: 1.1466
Daily Pivot Point R3: 1.1507