#EURUSD @ 1.01255 -imp levels: reverses part of recent gains and revisits 1.0130.
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- EUR/USD reverses part of recent gains and revisits 1.0130.
- Immediately to the downside turns up the weekly low at 1.0096.
The pair currently trades last at 1.01255.
The previous day high was 1.0203 while the previous day low was 1.0146. The daily 38.2% Fib levels comes at 1.0181, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0167, expected to provide resistance.
EUR/USD resumes the downside and revisits the 1.0130/25 band following two consecutive daily advances.
Further losses should meet the next support at the weekly low at 1.0096 (July 27). In case sellers push harder, then the pair could confront the psychological parity level in the not-so-distant future
In the longer run, the pair’s bearish view is expected to prevail as long as it trades below the 200-day SMA at 1.0867.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0134 at the time of writing. Pair opened at 1.018 and is trading with a change of -0.45 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0134 |
| 1 | Today Daily Change | 70.0000 |
| 2 | Today Daily Change % | -0.4500 |
| 3 | Today daily open | 1.0180 |
The pair remains strongly bearish on the daily time frame. It trades below the 20 SMA @ 1.0211, 50 SMA 1.0297, 100 SMA @ 1.0498 and 200 SMA @ 1.0875.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0211 |
| 1 | Daily SMA50 | 1.0297 |
| 2 | Daily SMA100 | 1.0498 |
| 3 | Daily SMA200 | 1.0875 |
The previous day high was 1.0203 while the previous day low was 1.0146. The daily 38.2% Fib levels comes at 1.0181, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0167, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 1.015, 1.0119, 1.0092
- Pivot resistance is noted at 1.0207, 1.0234, 1.0265
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0203 |
| Previous Daily Low | 1.0146 |
| Previous Weekly High | 1.0369 |
| Previous Weekly Low | 1.0159 |
| Previous Monthly High | 1.0486 |
| Previous Monthly Low | 0.9952 |
| Daily Fibonacci 38.2% | 1.0181 |
| Daily Fibonacci 61.8% | 1.0167 |
| Daily Pivot Point S1 | 1.0150 |
| Daily Pivot Point S2 | 1.0119 |
| Daily Pivot Point S3 | 1.0092 |
| Daily Pivot Point R1 | 1.0207 |
| Daily Pivot Point R2 | 1.0234 |
| Daily Pivot Point R3 | 1.0265 |
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