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EUR/USD Technical Analysis: Stays negative and looks to 1.1299

  • Spot came under renewed selling pressure in the middle of the week, testing fresh lows in the 1.1330 region and remaining poised for further pullbacks.
  • Immediate target in case of the continuation of the downtrend emerges the critical 200-week SMA, today at 1.1316. This is considered the last defense for a test of YTD low at 1.1299 seen in mid-August.
  • On the flip side, occasional bullish attempts should find interim hurdle at the 10-day SMA at 1.1413 ahead of the 21-day SMA at 1.1474.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
    Last Price: 1.1335
    Daily change: -9.0 pips
    Daily change: -0.0793%
    Daily Open: 1.1344
Trends:
    Daily SMA20: 1.1481
    Daily SMA50: 1.1581
    Daily SMA100: 1.1598
    Daily SMA200: 1.1881
Levels:
    Daily High: 1.1388
    Daily Low: 1.1338
    Weekly High: 1.1551
    Weekly Low: 1.1336
    Monthly High: 1.1816
    Monthly Low: 1.1526
    Daily Fibonacci 38.2%: 1.1358
    Daily Fibonacci 61.8%: 1.1369
    Daily Pivot Point S1: 1.1326
    Daily Pivot Point S2: 1.1307
    Daily Pivot Point S3: 1.1276
    Daily Pivot Point R1: 1.1376
    Daily Pivot Point R2: 1.1407
    Daily Pivot Point R3: 1.1426

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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