EUR/USD Technical Analysis: Set for a bounce to the upside on a sideways wedge from 1.1300
- EUR/USD has again returned to a bearish intraday setup, running into resistance at the 50-period moving average on 5-minute candles with further intraday resistance capped at the 200-period MA at 1.1340; a break of this level could see the Fiber twist into another hesitant bull day.
EUR/USD, 5-Minute
- Volatility plays over the past two weeks have left the pair with higher highs in the near-term, but plays towards the downside leave the Fiber strung out across the 200-period MA on higher timeframes as the middle ground on EUR/USD continues to open up with little directional bias baked in.
EUR/USD, 30-Minute
- Looking further out on the 4-hour candlesticks, EUR/USD is primed for a break of a constraining sideways wedge as the Fiber continues to cycle around the 1.1300 handle.
EUR/USD, 4-Hour
EUR/USD
Overview:
Today Last Price: 1.1325
Today Daily change: -13 pips
Today Daily change %: -0.115%
Today Daily Open: 1.1338
Trends:
Previous Daily SMA20: 1.1353
Previous Daily SMA50: 1.1434
Previous Daily SMA100: 1.1523
Previous Daily SMA200: 1.1755
Levels:
Previous Daily High: 1.1419
Previous Daily Low: 1.1318
Previous Weekly High: 1.1402
Previous Weekly Low: 1.1267
Previous Monthly High: 1.15
Previous Monthly Low: 1.1216
Previous Daily Fibonacci 38.2%: 1.1357
Previous Daily Fibonacci 61.8%: 1.138
Previous Daily Pivot Point S1: 1.1298
Previous Daily Pivot Point S2: 1.1258
Previous Daily Pivot Point S3: 1.1197
Previous Daily Pivot Point R1: 1.1398
Previous Daily Pivot Point R2: 1.1459
Previous Daily Pivot Point R3: 1.1499