5 Nov 2018
EUR/USD Technical Analysis: Further consolidation likely. Still capped around 1.1500
- EUR/USD faded the up move to the 1.1460 region on Friday on the back of a renewed pick up in the demand for the greenback.
- In order to rule out potential pullbacks in the near term, spot should regain the 21-day SMA, today at 1.1457, coincident with last week’s peak.
- In case sellers return to the markets, the 1.1300 neighbourhood should come to the fore ahead of the so far YTD low at 1.1299.
EUR/USD daily chart
EUR/USD
Overview:
Last Price: 1.1381
Daily change: -7.0 pips
Daily change: -0.0615%
Daily Open: 1.1388
Trends:
Daily SMA20: 1.1461
Daily SMA50: 1.1568
Daily SMA100: 1.1589
Daily SMA200: 1.1867
Levels:
Daily High: 1.1456
Daily Low: 1.1372
Weekly High: 1.1456
Weekly Low: 1.1302
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1404
Daily Fibonacci 61.8%: 1.1424
Daily Pivot Point S1: 1.1354
Daily Pivot Point S2: 1.1321
Daily Pivot Point S3: 1.1271
Daily Pivot Point R1: 1.1438
Daily Pivot Point R2: 1.1489
Daily Pivot Point R3: 1.1522