#EURUSD @ 1.10148 comes under some pressure following recent tops. (Pivot Orderbook analysis)
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- EUR/USD comes under some pressure following recent tops.
- Immediately to the upside emerges the 2023 high at 1.1075.
The pair currently trades last at 1.10148.
The previous day high was 1.105 while the previous day low was 1.0966. The daily 38.2% Fib levels comes at 1.1018, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0998, expected to provide support.
EUR/USD surrenders part of the recent positive streak following the breakout of the 1.1000 barrier.
The pair looks poised to extend the recovery further in the near term. That said, the immediate hurdle is expected at the 2023 high at 1.1075 (April 14) seconded by the round level at 1.1100.
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0400.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.1021 at the time of writing. Pair opened at 1.1046 and is trading with a change of -0.23 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.1021 |
| 1 | Today Daily Change | 52.0000 |
| 2 | Today Daily Change % | -0.2300 |
| 3 | Today daily open | 1.1046 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 1.0934, 50 SMA 1.0774, 100 SMA @ 1.0742 and 200 SMA @ 1.0398.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0934 |
| 1 | Daily SMA50 | 1.0774 |
| 2 | Daily SMA100 | 1.0742 |
| 3 | Daily SMA200 | 1.0398 |
The previous day high was 1.105 while the previous day low was 1.0966. The daily 38.2% Fib levels comes at 1.1018, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0998, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 1.0991, 1.0937, 1.0907
- Pivot resistance is noted at 1.1076, 1.1105, 1.116
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.1050 |
| Previous Daily Low | 1.0966 |
| Previous Weekly High | 1.1000 |
| Previous Weekly Low | 1.0909 |
| Previous Monthly High | 1.0930 |
| Previous Monthly Low | 1.0516 |
| Daily Fibonacci 38.2% | 1.1018 |
| Daily Fibonacci 61.8% | 1.0998 |
| Daily Pivot Point S1 | 1.0991 |
| Daily Pivot Point S2 | 1.0937 |
| Daily Pivot Point S3 | 1.0907 |
| Daily Pivot Point R1 | 1.1076 |
| Daily Pivot Point R2 | 1.1105 |
| Daily Pivot Point R3 | 1.1160 |
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