#EURUSD @ 1.05732 picks up some buying interest and retakes 1.0600. (Pivot Orderbook analysis)
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- EUR/USD picks up some buying interest and retakes 1.0600.
- The weekly low just above 1.0800 caps the upside so far.
The pair currently trades last at 1.05732.
The previous day high was 1.076 while the previous day low was 1.0516. The daily 38.2% Fib levels comes at 1.0609, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0667, expected to provide resistance.
EUR/USD manages to generate some upside traction and reclaims the area above the 1.0600 hurdle ahead of the ECB on Thursday.
Occasional bullish attempts, in the meantime, should clear the weekly high at 1.0804 (February 14) to allow for the continuation of the uptrend in the short term
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0323.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0604 at the time of writing. Pair opened at 1.0577 and is trading with a change of 0.26 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0604 |
| 1 | Today Daily Change | 62.0000 |
| 2 | Today Daily Change % | 0.2600 |
| 3 | Today daily open | 1.0577 |
The pair is trading below its 20 Daily moving average @ 1.0629, below its 50 Daily moving average @ 1.0726 , above its 100 Daily moving average @ 1.0556 and above its 200 Daily moving average @ 1.0325
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0629 |
| 1 | Daily SMA50 | 1.0726 |
| 2 | Daily SMA100 | 1.0556 |
| 3 | Daily SMA200 | 1.0325 |
The previous day high was 1.076 while the previous day low was 1.0516. The daily 38.2% Fib levels comes at 1.0609, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0667, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 1.0475, 1.0374, 1.0232
- Pivot resistance is noted at 1.0719, 1.0861, 1.0963
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0760 |
| Previous Daily Low | 1.0516 |
| Previous Weekly High | 1.0701 |
| Previous Weekly Low | 1.0524 |
| Previous Monthly High | 1.1033 |
| Previous Monthly Low | 1.0533 |
| Daily Fibonacci 38.2% | 1.0609 |
| Daily Fibonacci 61.8% | 1.0667 |
| Daily Pivot Point S1 | 1.0475 |
| Daily Pivot Point S2 | 1.0374 |
| Daily Pivot Point S3 | 1.0232 |
| Daily Pivot Point R1 | 1.0719 |
| Daily Pivot Point R2 | 1.0861 |
| Daily Pivot Point R3 | 1.0963 |
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