Back
2 Nov 2018
EUR/USD Technical Analysis: Recovery could now extend to the 1.1500 region
- The pair keeps the bounce off recent lows in the 1.1300 area well and sound so far on Friday and it has now regained the 1.1400 handle and above.
- The continuation of the up move should meet the next target at 1.1466, where sits the 21-day SMA. Further north emerges the critical resistance in the 1.1500 neighbourhood.
- On the downside, recent lows near 1.1300 the figure and the 2018 low just below this level should come to the fore in case the sentiment reverts.
EUR/USD daily chart
EUR/USD
Overview:
Last Price: 1.144
Daily change: 32 pips
Daily change: 0.281%
Daily Open: 1.1408
Trends:
Daily SMA20: 1.1467
Daily SMA50: 1.1573
Daily SMA100: 1.1592
Daily SMA200: 1.1872
Levels:
Daily High: 1.1425
Daily Low: 1.1307
Weekly High: 1.1551
Weekly Low: 1.1336
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.138
Daily Fibonacci 61.8%: 1.1352
Daily Pivot Point S1: 1.1335
Daily Pivot Point S2: 1.1263
Daily Pivot Point S3: 1.1218
Daily Pivot Point R1: 1.1453
Daily Pivot Point R2: 1.1498
Daily Pivot Point R3: 1.1571