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EUR/USD Technical Analysis: Bidders looking for 1.1400, but resistance remains stiff

  • EUR/USD testing around 1.1385 after getting bolstered by a dovish Fed late Wednesday, and the intraday action has become broken as the US Dollar remains on the downside.

EUR/USD, 5-Minute

  • Going back over the past two weeks, the Fiber is knocking into the last swing high from Monday this week, and the 1.1400 handle remains a key resistance level.

EUR/USD, 30-Minute

  • The past two months see the EUR/USD constrained in a trend towards the low end, with the 200-period moving average still holding as resistance at the 1.1400 technical level, but this week's bottom could mark in a potential higher low if buyers are able to keep the Fiber from slipping back below 1.1300.

EUR/USD, 4-Hour

EUR/USD

Overview:
    Today Last Price: 1.1387
    Today Daily change: 17 pips
    Today Daily change %: 0.150%
    Today Daily Open: 1.137
Trends:
    Previous Daily SMA20: 1.1364
    Previous Daily SMA50: 1.1467
    Previous Daily SMA100: 1.1537
    Previous Daily SMA200: 1.1775
Levels:
    Previous Daily High: 1.1388
    Previous Daily Low: 1.1267
    Previous Weekly High: 1.1473
    Previous Weekly Low: 1.1328
    Previous Monthly High: 1.1625
    Previous Monthly Low: 1.1302
    Previous Daily Fibonacci 38.2%: 1.1342
    Previous Daily Fibonacci 61.8%: 1.1313
    Previous Daily Pivot Point S1: 1.1295
    Previous Daily Pivot Point S2: 1.1221
    Previous Daily Pivot Point S3: 1.1174
    Previous Daily Pivot Point R1: 1.1416
    Previous Daily Pivot Point R2: 1.1462
    Previous Daily Pivot Point R3: 1.1537

 

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