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EUR/USD Technical Analysis: The 1.1500 area keeps capping the upside very near term

  • Spot came under renewed selling pressure after briefly challenging the 1.1500 neighbourhood during early trade.

EUR/USD, 5-min

 

 

 

 

 

 

 

 

 

 

  • In the hourly chart, the succession of higher lows opens the door for a continuation of the up trend in the next sessions, always with the 1.1500/50 band as strong resistance and the 200-hour SMA at 1.1424 holding the downside.

EUR/USD, 60 min

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • In the 4-hour chart, the 10-hour SMA at 1.1426 emerges as interim contention ahead of the more relevant support zone near 1.1420.

EUR/USD, 240 min

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
    Today Last Price: 1.1453
    Today Daily change: -20 pips
    Today Daily change %: -0.174%
    Today Daily Open: 1.1473
Trends:
    Previous Daily SMA20: 1.1387
    Previous Daily SMA50: 1.1372
    Previous Daily SMA100: 1.148
    Previous Daily SMA200: 1.1662
Levels:
    Previous Daily High: 1.1586
    Previous Daily Low: 1.1446
    Previous Weekly High: 1.1478
    Previous Weekly Low: 1.1343
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1532
    Previous Daily Fibonacci 61.8%: 1.15
    Previous Daily Pivot Point S1: 1.1418
    Previous Daily Pivot Point S2: 1.1362
    Previous Daily Pivot Point S3: 1.1278
    Previous Daily Pivot Point R1: 1.1556
    Previous Daily Pivot Point R2: 1.164
    Previous Daily Pivot Point R3: 1.1696

 

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