Back
15 Feb 2019
EUR/USD Technical Analysis: The pair faces formidable support in the 1.1260/70 band
- The pair remains under pressure below 1.1300 the figure so far this week, although the idea of a deeper down move, let’s say below 2018 lows at 1.1215, appears to be losing some traction as of late.
- That said, an attempt of some consolidation is on the cards in the near term as EUR/USD keeps looking for a more relevant catalyst.
- While the area of support in the 1.1270/50 band holds, spot keeps the chances of a rebound to 1.1400 and above alive.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1276
Today Daily change: 28 pips
Today Daily change %: -0.16%
Today Daily Open: 1.1294
Trends:
Daily SMA20: 1.1374
Daily SMA50: 1.1395
Daily SMA100: 1.1408
Daily SMA200: 1.1532
Levels:
Previous Daily High: 1.1311
Previous Daily Low: 1.1249
Previous Weekly High: 1.1462
Previous Weekly Low: 1.132
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1287
Daily Fibonacci 61.8%: 1.1273
Daily Pivot Point S1: 1.1258
Daily Pivot Point S2: 1.1223
Daily Pivot Point S3: 1.1197
Daily Pivot Point R1: 1.132
Daily Pivot Point R2: 1.1346
Daily Pivot Point R3: 1.1381