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10 Oct 2018
EUR/USD Technical Analysis: Consolidative near term. Holding on to the 1.1500 area
- EUR/USD managed to revert yesterday’s drop to the 1.1430 region and it has so far regained the 1.1500 neighbourhood.
- This is a key area and the pair could likely attempt some consolidation ahead of the next move, which could be in any direction.
- Interim hurdle lines up at the 10-day SMA at 1.1538 ahead of the 21-day SMA at 1.1626.
- On the other hand, a break below of yesterday’s low in the 1.1435/30 band should allow a test of the critical 200-week SMA in the 1.1330 zone.
EUR/USD daily chart
EUR/USD
Overview:
Last Price: 1.1494
Daily change: 2.0 pips
Daily change: 0.0174%
Daily Open: 1.1492
Trends:
Daily SMA20: 1.1631
Daily SMA50: 1.1588
Daily SMA100: 1.1632
Daily SMA200: 1.1928
Levels:
Daily High: 1.1504
Daily Low: 1.143
Weekly High: 1.1625
Weekly Low: 1.1464
Monthly High: 1.1816
Monthly Low: 1.1464
Daily Fibonacci 38.2%: 1.1476
Daily Fibonacci 61.8%: 1.1459
Daily Pivot Point S1: 1.1447
Daily Pivot Point S2: 1.1402
Daily Pivot Point S3: 1.1373
Daily Pivot Point R1: 1.1521
Daily Pivot Point R2: 1.1549
Daily Pivot Point R3: 1.1594