#EURUSD @ 1.06300 extends the rebound north of 1.0600 on Friday. (Pivot Orderbook analysis)
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- EUR/USD extends the rebound north of 1.0600 on Friday.
- The next up-barrier emerges at the March top near 1.0760.
The pair currently trades last at 1.06300.
The previous day high was 1.0636 while the previous day low was 1.0551. The daily 38.2% Fib levels comes at 1.0603, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0583, expected to provide support.
EUR/USD gathers extra pace and climbs to 2-day highs near 1.0670 following Thursday’s positive price action.
If the recovery gathers impulse, then the pair could confront the March high at 1.0759 (March 15) – which remains underpinned by the proximity of the 55-day SMA – prior to the weekly peak at 1.0804 (February 14).
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 1.063 at the time of writing. Pair opened at 1.061 and is trading with a change of 0.19 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.063 |
| 1 | Today Daily Change | 65.000 |
| 2 | Today Daily Change % | 0.190 |
| 3 | Today daily open | 1.061 |
The pair is trading above its 20 Daily moving average @ 1.0625, below its 50 Daily moving average @ 1.0728 , above its 100 Daily moving average @ 1.0562 and above its 200 Daily moving average @ 1.0325
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0625 |
| 1 | Daily SMA50 | 1.0728 |
| 2 | Daily SMA100 | 1.0562 |
| 3 | Daily SMA200 | 1.0325 |
The previous day high was 1.0636 while the previous day low was 1.0551. The daily 38.2% Fib levels comes at 1.0603, expected to provide support. Similarly, the daily 61.8% fib level is at 1.0583, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 1.0562, 1.0514, 1.0477
- Pivot resistance is noted at 1.0647, 1.0684, 1.0731
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0636 |
| Previous Daily Low | 1.0551 |
| Previous Weekly High | 1.0701 |
| Previous Weekly Low | 1.0524 |
| Previous Monthly High | 1.1033 |
| Previous Monthly Low | 1.0533 |
| Daily Fibonacci 38.2% | 1.0603 |
| Daily Fibonacci 61.8% | 1.0583 |
| Daily Pivot Point S1 | 1.0562 |
| Daily Pivot Point S2 | 1.0514 |
| Daily Pivot Point S3 | 1.0477 |
| Daily Pivot Point R1 | 1.0647 |
| Daily Pivot Point R2 | 1.0684 |
| Daily Pivot Point R3 | 1.0731 |
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