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11 Feb 2019
EUR/USD Technical Analysis: Rising odds for a test of YTD lows around 1.1290
- EUR/USD remains on the defensive, intensifying the bearish sentiment following the recent breakdown of the critical 200-week SMA in the 1.1330 region.
- Further losses should meet strong support in the 1.1289/69 band in the near term, where coincide YTD lows and December 2018 lows. This area is expected to hold the downside.
- On the other hand, a surpass of the key 100-day SMA at 1.1424 should mitigate the downside pressure.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1318
Today Daily change: 20 pips
Today Daily change %: -0.04%
Today Daily Open: 1.1322
Trends:
Daily SMA20: 1.1399
Daily SMA50: 1.14
Daily SMA100: 1.1425
Daily SMA200: 1.1544
Levels:
Previous Daily High: 1.1353
Previous Daily Low: 1.132
Previous Weekly High: 1.1462
Previous Weekly Low: 1.132
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1333
Daily Fibonacci 61.8%: 1.134
Daily Pivot Point S1: 1.1311
Daily Pivot Point S2: 1.13
Daily Pivot Point S3: 1.1279
Daily Pivot Point R1: 1.1343
Daily Pivot Point R2: 1.1364
Daily Pivot Point R3: 1.1375