EUR/USD Technical Analysis: caught in a wedge, looking for a break away from 1.1350
- EUR/USD continues to favour the middle in rough sideways action, whipsawing on rough intraday action as the major pair finds itself strung up on the 200-period MA.
EUR/USD, 5-Minute
- The past two weeks show the Fiber forming into a rough sideways channel, and deviations are continuing to favour a return to the mean as the Euro struggles to pull away from the 1.1350 region.
EUR/USD, 30-Minute
- 4-hour candles remain in a coiling sideways wedge as markets remain constrained amidst broader investor concerns, and trend-weary EUR/USD traders will be looking for a well-defined break of the current wedge before piling into dedicated positions.
EUR/USD, 4-Hour
EUR/USD
Overview:
Today Last Price: 1.1333
Today Daily change: -12 pips
Today Daily change %: -0.106%
Today Daily Open: 1.1345
Trends:
Previous Daily SMA20: 1.1348
Previous Daily SMA50: 1.1427
Previous Daily SMA100: 1.152
Previous Daily SMA200: 1.1751
Levels:
Previous Daily High: 1.1362
Previous Daily Low: 1.1311
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%: 1.1342
Previous Daily Fibonacci 61.8%: 1.133
Previous Daily Pivot Point S1: 1.1317
Previous Daily Pivot Point S2: 1.1288
Previous Daily Pivot Point S3: 1.1266
Previous Daily Pivot Point R1: 1.1367
Previous Daily Pivot Point R2: 1.139
Previous Daily Pivot Point R3: 1.1418