EUR/USD Technical Analysis: Euro bulls enjoying a Friday recovery above 1.1300 figure

11

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 50, 100 and 200-day simple moving averages (SMAs).


	EUR/USD Technical Analysis: Euro bulls enjoying a Friday recovery above 1.1300 figure

EUR/USD 4-hour chart

  • Bears tested the 1.1300 support but were not able to continue the bear leg below this level. 


	EUR/USD Technical Analysis: Euro bulls enjoying a Friday recovery above 1.1300 figure

EUR/USD 30-minute chart

  • EUR/USD is testing the 1.1350 level along with the 200 SMA. 
  • Bears had an opportunity to break below the 1.1300 figure but they were met with bullish interest. The sellers might try to reconquer the 1.1300 level again, but it is unlikely that the bear rallies will go very far. 
  • To the upside 1.1380, 1.1430 and 1.1470 targets remain on the cards for bulls.


	EUR/USD Technical Analysis: Euro bulls enjoying a Friday recovery above 1.1300 figure

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1355
    Today Daily change: 47 pips
    Today Daily change %: 0.42%
    Today Daily Open: 1.1308
Trends:
    Daily SMA20: 1.142
    Daily SMA50: 1.139
    Daily SMA100: 1.1452
    Daily SMA200: 1.1584
Levels:
    Previous Daily High: 1.1393
    Previous Daily Low: 1.1289
    Previous Weekly High: 1.1491
    Previous Weekly Low: 1.1353
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Daily Fibonacci 38.2%: 1.1329
    Daily Fibonacci 61.8%: 1.1353
    Daily Pivot Point S1: 1.1267
    Daily Pivot Point S2: 1.1227
    Daily Pivot Point S3: 1.1164
    Daily Pivot Point R1: 1.1371
    Daily Pivot Point R2: 1.1433
    Daily Pivot Point R3: 1.1474

LEAVE A REPLY

Please enter your comment!
Please enter your name here