#EURUSD @ 1.07261 sees its upside bias dented somewhat on Tuesday. (Pivot Orderbook analysis)
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- EUR/USD sees its upside bias dented somewhat on Tuesday.
- The 1.0804 level still emerges as the next up-barrier so far.
The pair currently trades last at 1.07261.
The previous day high was 1.0749 while the previous day low was 1.0642. The daily 38.2% Fib levels comes at 1.0708, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0683, expected to provide support.
EUR/USD comes under fresh downside pressure following recent multi-week highs near 1.0750.
The continuation of the uptrend appears in store for the time being. Against that, a convincing move above 1.0750 should open the door the weekly high at 1.0804 (February 14). Further up, there are no resistance levels of note until the 2023 peak at 1.1032 (February 2).
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0324.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0708 at the time of writing. Pair opened at 1.0731 and is trading with a change of -0.21 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0708 |
| 1 | Today Daily Change | 70.0000 |
| 2 | Today Daily Change % | -0.2100 |
| 3 | Today daily open | 1.0731 |
The pair is trading above its 20 Daily moving average @ 1.0634, below its 50 Daily moving average @ 1.0723 , above its 100 Daily moving average @ 1.0543 and above its 200 Daily moving average @ 1.0326
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0634 |
| 1 | Daily SMA50 | 1.0723 |
| 2 | Daily SMA100 | 1.0543 |
| 3 | Daily SMA200 | 1.0326 |
The previous day high was 1.0749 while the previous day low was 1.0642. The daily 38.2% Fib levels comes at 1.0708, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0683, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 1.0666, 1.0601, 1.056
- Pivot resistance is noted at 1.0772, 1.0814, 1.0879
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0749 |
| Previous Daily Low | 1.0642 |
| Previous Weekly High | 1.0701 |
| Previous Weekly Low | 1.0524 |
| Previous Monthly High | 1.1033 |
| Previous Monthly Low | 1.0533 |
| Daily Fibonacci 38.2% | 1.0708 |
| Daily Fibonacci 61.8% | 1.0683 |
| Daily Pivot Point S1 | 1.0666 |
| Daily Pivot Point S2 | 1.0601 |
| Daily Pivot Point S3 | 1.0560 |
| Daily Pivot Point R1 | 1.0772 |
| Daily Pivot Point R2 | 1.0814 |
| Daily Pivot Point R3 | 1.0879 |
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