EUR/USD Technical Analysis: Early Monday bullish action could face near-term challenges
- EUR/USD faces early risk-on action following Monday market open, but the upside remains limited as the pair remains far off of Friday's peaks.
EUR/USD, 5-Minute
- Although the pair looks set to continue the current push off of a higher low, technical indicators are set for a return to the mean, and the EUR continues to struggle at major levels.
EUR/USD, 30-Minute
- On 4-Hour candles, EUR/USD continues to face rejection from the 200-period moving average currently sitting at 1.1390, and near-term swing lows are coiling the pair into a breaking pattern, but the overall trend remains biased towards the downside.
EUR/USD, 4-Hour
EUR/USD
Overview:
Today Last Price: 1.1364
Today Daily change: 42 pips
Today Daily change %: 0.371%
Today Daily Open: 1.1322
Trends:
Previous Daily SMA20: 1.136
Previous Daily SMA50: 1.1451
Previous Daily SMA100: 1.153
Previous Daily SMA200: 1.1765
Levels:
Previous Daily High: 1.1402
Previous Daily Low: 1.1305
Previous Weekly High: 1.1402
Previous Weekly Low: 1.1267
Previous Monthly High: 1.15
Previous Monthly Low: 1.1216
Previous Daily Fibonacci 38.2%: 1.1342
Previous Daily Fibonacci 61.8%: 1.1365
Previous Daily Pivot Point S1: 1.1284
Previous Daily Pivot Point S2: 1.1247
Previous Daily Pivot Point S3: 1.1188
Previous Daily Pivot Point R1: 1.138
Previous Daily Pivot Point R2: 1.1439
Previous Daily Pivot Point R3: 1.1477