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25 Feb 2019
EUR/USD Technical Analysis: Extra consolidation remains on the cards
- A serious bullish attempt remains elusive for the time being, as EUR/USD still can’t clear the mid-1.1300s on a convincing fashion. This area of resistance is reinforced by the Fibo retracement of the September-November drop (1.1356).
- A serious bull run is expected to face relevant resistance in the 1.1381/92 band, where emerges the 55-day and 100-day SMAs.
- Further north aligns another Fibo retracement at 1.1442 ahead of the 1.1460 region, where is located the short-term resistance line.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1348
Today Daily change: 32 pips
Today Daily change %: 0.14%
Today Daily Open: 1.1332
Trends:
Daily SMA20: 1.1363
Daily SMA50: 1.1392
Daily SMA100: 1.1395
Daily SMA200: 1.1517
Levels:
Previous Daily High: 1.1358
Previous Daily Low: 1.1316
Previous Weekly High: 1.1373
Previous Weekly Low: 1.1276
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1332
Daily Fibonacci 61.8%: 1.1342
Daily Pivot Point S1: 1.1313
Daily Pivot Point S2: 1.1293
Daily Pivot Point S3: 1.127
Daily Pivot Point R1: 1.1355
Daily Pivot Point R2: 1.1378
Daily Pivot Point R3: 1.1397