EUR/USD Technical Analysis: Upside in spot appears capped by 55-day SMA around 1.1380

Feb 26,2019 19:39   Source:Forex Crunch
  • The pair remains consolidative in the upper-1.1300s for the time being, although further gains need to clear the critical resistance at the 1.1380 region, where is located the 55-day SMA.
  • Further north, the 100-day SMA at 1.1391 should offer interim resistance ahead of the more relevant hurdle in the 1.1500 neighbourhood.
  • However, on a broader picture, EUR/USD is expected to remain under downside pressure while below the short-term resistance line, today at 1.1489.

EUR/USD daily chart

EUR/USD

Overview:
    Today Last Price: 1.1355
    Today Daily change: 17 pips
    Today Daily change %: -0.06%
    Today Daily Open: 1.1362
Trends:
    Daily SMA20: 1.136
    Daily SMA50: 1.1392
    Daily SMA100: 1.1394
    Daily SMA200: 1.1515
Levels:
    Previous Daily High: 1.1368
    Previous Daily Low: 1.1328
    Previous Weekly High: 1.1373
    Previous Weekly Low: 1.1276
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1353
    Daily Fibonacci 61.8%: 1.1344
    Daily Pivot Point S1: 1.1337
    Daily Pivot Point S2: 1.1313
    Daily Pivot Point S3: 1.1297
    Daily Pivot Point R1: 1.1377
    Daily Pivot Point R2: 1.1393
    Daily Pivot Point R3: 1.1417

 

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