#EURUSD @ 1.03487 fails to extend the recovery beyond 1.0400. (Pivot Orderbook analysis)
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- EUR/USD fails to extend the recovery beyond 1.0400.
- The 9-month resistance line still caps the upside.
The pair currently trades last at 1.03487.
The previous day high was 1.0497 while the previous day low was 1.033. The daily 38.2% Fib levels comes at 1.0394, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0433, expected to provide resistance.
EUR/USD alternates gains with losses in the low-1.0300s following another failed attempt to retake the 1.0400 barrier earlier on Tuesday.
So far, the 9-month resistance line, today around 1.0430, continues to cap occasional bullish attempts.
A sustained breakout of this region is needed to allow for the continuation of the uptrend to, initially, 1.0481 (November 15) ahead of 1.0496 (November 28).
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0339 at the time of writing. Pair opened at 1.0336 and is trading with a change of 0.03 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0339 |
| 1 | Today Daily Change | 70.0000 |
| 2 | Today Daily Change % | 0.0300 |
| 3 | Today daily open | 1.0336 |
The pair is trading above its 20 Daily moving average @ 1.0197, above its 50 Daily moving average @ 0.997 , above its 100 Daily moving average @ 1.0034 and below its 200 Daily moving average @ 1.0384
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0197 |
| 1 | Daily SMA50 | 0.9970 |
| 2 | Daily SMA100 | 1.0034 |
| 3 | Daily SMA200 | 1.0384 |
The previous day high was 1.0497 while the previous day low was 1.033. The daily 38.2% Fib levels comes at 1.0394, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0433, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 1.0278, 1.0221, 1.0111
- Pivot resistance is noted at 1.0445, 1.0555, 1.0612
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0497 |
| Previous Daily Low | 1.0330 |
| Previous Weekly High | 1.0449 |
| Previous Weekly Low | 1.0223 |
| Previous Monthly High | 1.0094 |
| Previous Monthly Low | 0.9632 |
| Daily Fibonacci 38.2% | 1.0394 |
| Daily Fibonacci 61.8% | 1.0433 |
| Daily Pivot Point S1 | 1.0278 |
| Daily Pivot Point S2 | 1.0221 |
| Daily Pivot Point S3 | 1.0111 |
| Daily Pivot Point R1 | 1.0445 |
| Daily Pivot Point R2 | 1.0555 |
| Daily Pivot Point R3 | 1.0612 |
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