#EURUSD @ 1.06135 regains some buying interest beyond 1.0600. (Pivot Orderbook analysis)
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- EUR/USD regains some buying interest beyond 1.0600.
- There is an initial up-barrier at the 55-day SMA near 1.0715.
The pair currently trades last at 1.06135.
The previous day high was 1.0673 while the previous day low was 1.0577. The daily 38.2% Fib levels comes at 1.0613, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0636, expected to provide resistance.
EUR/USD pick up pace and reverses, albeit partially, Thursday’s decline at the end of the week.
Occasional bullish attempts need to clear the provisional hurdle at the 55-day SMA, today at 1.0714, to allow for extra gains to, initially, the weekly top at 1.0804 (February 14).
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0326.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0616 at the time of writing. Pair opened at 1.06 and is trading with a change of 0.15 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0616 |
| 1 | Today Daily Change | 35.0000 |
| 2 | Today Daily Change % | 0.1500 |
| 3 | Today daily open | 1.0600 |
The pair is trading below its 20 Daily moving average @ 1.0671, below its 50 Daily moving average @ 1.0726 , above its 100 Daily moving average @ 1.0487 and above its 200 Daily moving average @ 1.0329
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0671 |
| 1 | Daily SMA50 | 1.0726 |
| 2 | Daily SMA100 | 1.0487 |
| 3 | Daily SMA200 | 1.0329 |
The previous day high was 1.0673 while the previous day low was 1.0577. The daily 38.2% Fib levels comes at 1.0613, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0636, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 1.056, 1.052, 1.0464
- Pivot resistance is noted at 1.0657, 1.0713, 1.0753
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0673 |
| Previous Daily Low | 1.0577 |
| Previous Weekly High | 1.0705 |
| Previous Weekly Low | 1.0536 |
| Previous Monthly High | 1.1033 |
| Previous Monthly Low | 1.0533 |
| Daily Fibonacci 38.2% | 1.0613 |
| Daily Fibonacci 61.8% | 1.0636 |
| Daily Pivot Point S1 | 1.0560 |
| Daily Pivot Point S2 | 1.0520 |
| Daily Pivot Point S3 | 1.0464 |
| Daily Pivot Point R1 | 1.0657 |
| Daily Pivot Point R2 | 1.0713 |
| Daily Pivot Point R3 | 1.0753 |
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