EUR/USD Technical Analysis: Fiber looking for near-term lift from 1.1400

  • The EUR/USD is trading tightly near the 1.1400 technical level, with the last twenty-four hours seeing a non-directional cyclical pattern.
  • EUR/USD analysis: USD to retain its crown if Trump does

EUR/USD M5

Hourly candles see the Euro trapped in a heavy cyclical pattern circling the 1.1400 handle, after picking up from recent lows at the 1.1300 major level, and the 200-hour moving average is providing support from 1.1380.

EUR/USD H1

In the longer-term, the Fiber is struggling to halt a long-term bear trend, and consolidation at the 50-day moving average is likely to see further declines.

EUR/USD H4

EUR/USD

Overview:
    Last Price: 1.141
    Daily change: 2.0 pips
    Daily change: 0.0175%
    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

 

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