The EURUSD pair remains uncertain in its price movement, hovering around the 1.0900 level.
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- EUR/USD keeps the inconclusive price action around 1.0900.
The pair currently trades last at 1.08807.
The previous day high was 1.0901 while the previous day low was 1.0834. The daily 38.2% Fib levels comes at 1.0875, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0859, expected to provide support.
EUR/USD trades in a vacillating fashion and with the upside so far limited by the 1.0900 zone on Friday.
The inability of the pair to regain a convincing upside traction, ideally in the very near term, could motivate sellers to force the pair to revisit recent lows near 1.0830 ahead of the interim support at the 100-day SMA at 1.0826.
Down from here, there are no support levels of significance until the May low of 1.0635 (May 31), which appears also underpinned by the key 200-day SMA, today at 1.0618.
Looking at the longer run, the positive view remains unchanged while above the 200-day SMA.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0888 at the time of writing. Pair opened at 1.0888 and is trading with a change of 0.0 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0888 |
| 1 | Today Daily Change | 33.0000 |
| 2 | Today Daily Change % | 0.0000 |
| 3 | Today daily open | 1.0888 |
The pair is trading below its 20 Daily moving average @ 1.0889, above its 50 Daily moving average @ 1.086 , above its 100 Daily moving average @ 1.0826 and above its 200 Daily moving average @ 1.0615
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0889 |
| 1 | Daily SMA50 | 1.0860 |
| 2 | Daily SMA100 | 1.0826 |
| 3 | Daily SMA200 | 1.0615 |
The previous day high was 1.0901 while the previous day low was 1.0834. The daily 38.2% Fib levels comes at 1.0875, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0859, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 1.0847, 1.0807, 1.078
- Pivot resistance is noted at 1.0914, 1.0941, 1.0981
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0901 |
| Previous Daily Low | 1.0834 |
| Previous Weekly High | 1.0977 |
| Previous Weekly Low | 1.0835 |
| Previous Monthly High | 1.1012 |
| Previous Monthly Low | 1.0662 |
| Daily Fibonacci 38.2% | 1.0875 |
| Daily Fibonacci 61.8% | 1.0859 |
| Daily Pivot Point S1 | 1.0847 |
| Daily Pivot Point S2 | 1.0807 |
| Daily Pivot Point S3 | 1.0780 |
| Daily Pivot Point R1 | 1.0914 |
| Daily Pivot Point R2 | 1.0941 |
| Daily Pivot Point R3 | 1.0981 |
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