#EURUSD @ 1.08911 trades within a tight range around the 1.0900 region. (Pivot Orderbook analysis)
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- EUR/USD trades within a tight range around the 1.0900 region.
- The immediate barrier comes at the April top near 1.0970.
The pair currently trades last at 1.08911.
The previous day high was 1.097 while the previous day low was 1.0891. The daily 38.2% Fib levels comes at 1.0921, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.094, expected to provide resistance.
EUR/USD trades without a clear direction around the 1.0900 region on Thursday.
The likelihood of extra advances appears favoured for the time being. Against that, the pair needs to clear the April high at 1.0973 (April 4) to put the key 1.1000 mark back on the radar and then challenge the YTD peak at 1.1032 (February 2).
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0348.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0904 at the time of writing. Pair opened at 1.0904 and is trading with a change of 0.0 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0904 |
| 1 | Today Daily Change | 34.0000 |
| 2 | Today Daily Change % | 0.0000 |
| 3 | Today daily open | 1.0904 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 1.0773, 50 SMA 1.0733, 100 SMA @ 1.0668 and 200 SMA @ 1.0348.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0773 |
| 1 | Daily SMA50 | 1.0733 |
| 2 | Daily SMA100 | 1.0668 |
| 3 | Daily SMA200 | 1.0348 |
The previous day high was 1.097 while the previous day low was 1.0891. The daily 38.2% Fib levels comes at 1.0921, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.094, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 1.0874, 1.0843, 1.0795
- Pivot resistance is noted at 1.0952, 1.1, 1.1031
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0970 |
| Previous Daily Low | 1.0891 |
| Previous Weekly High | 1.0926 |
| Previous Weekly Low | 1.0745 |
| Previous Monthly High | 1.0930 |
| Previous Monthly Low | 1.0516 |
| Daily Fibonacci 38.2% | 1.0921 |
| Daily Fibonacci 61.8% | 1.0940 |
| Daily Pivot Point S1 | 1.0874 |
| Daily Pivot Point S2 | 1.0843 |
| Daily Pivot Point S3 | 1.0795 |
| Daily Pivot Point R1 | 1.0952 |
| Daily Pivot Point R2 | 1.1000 |
| Daily Pivot Point R3 | 1.1031 |
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