17 Oct 2018
EUR/USD Technical Analysis: Room for the continuation of the sideline theme in the near term
- The pair continues its multi-session rangebound pattern following another rejection from recent tops in levels above the key 1.1600 handle .
- The pair gained some extra downside pressure after breaking below the 100-hour SMA, today at 1.1575, while the initial support aligns at the 10-day SMA at 1.1542.
- A deeper pullback should see October’s low at 1.1430 retested ahead of the critical 200-week SMA, today at 1.1323.
EUR/USD daily chart
EUR/USD
Overview:
Last Price: 1.1564
Daily change: -10 pips
Daily change: -0.0864%
Daily Open: 1.1574
Trends:
Daily SMA20: 1.1608
Daily SMA50: 1.1586
Daily SMA100: 1.1628
Daily SMA200: 1.1916
Levels:
Daily High: 1.1622
Daily Low: 1.1565
Weekly High: 1.1611
Weekly Low: 1.143
Monthly High: 1.1816
Monthly Low: 1.143
Daily Fibonacci 38.2%: 1.1587
Daily Fibonacci 61.8%: 1.16
Daily Pivot Point S1: 1.1552
Daily Pivot Point S2: 1.153
Daily Pivot Point S3: 1.1495
Daily Pivot Point R1: 1.1609
Daily Pivot Point R2: 1.1644
Daily Pivot Point R3: 1.1666