15 Oct 2018
EUR/USD Technical Analysis: Spot poised for some consolidation near term. Resistance at 21-day SMA at 1.1616
- The pair has started the week on a positive note so far, leaving behind Friday’s pullback.
- Initial support emerges at the 10-day SMA in the 1.1530 region, coincident with recent lows. A breakdown of this zone should pave the way for another test of the key support at the 1.1500 neighbourhood.
- On the upside, the 1.1616/28 band, where converge the 21- and 100-day SMA, appears as the initial hurdle ahead of a potential test of September’s peaks near 1.1800 the figure.
EUR/USD daily chart
EUR/USD
Overview:
Last Price: 1.1569
Daily change: 9.0 pips
Daily change: 0.0779%
Daily Open: 1.156
Trends:
Daily SMA20: 1.1617
Daily SMA50: 1.1585
Daily SMA100: 1.1628
Daily SMA200: 1.1921
Levels:
Daily High: 1.1611
Daily Low: 1.1534
Weekly High: 1.1611
Weekly Low: 1.143
Monthly High: 1.1816
Monthly Low: 1.143
Daily Fibonacci 38.2%: 1.1564
Daily Fibonacci 61.8%: 1.1582
Daily Pivot Point S1: 1.1526
Daily Pivot Point S2: 1.1492
Daily Pivot Point S3: 1.1449
Daily Pivot Point R1: 1.1602
Daily Pivot Point R2: 1.1645
Daily Pivot Point R3: 1.1679