Before the European Central Bank (ECB) meeting, the EURUSD is trading with caution at a value slightly below 1.08179 in the low range of 1.0800s.
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- EUR/USD trades in a cautious tone in the low-1.0800s ahead of ECB.
The pair currently trades last at 1.08179.
The previous day high was 1.0864 while the previous day low was 1.0774. The daily 38.2% Fib levels comes at 1.083, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0808, expected to provide support.
EUR/USD keeps the volatile mood above the 1.0800 level ahead of the key ECB gathering on Thursday.
A more serious bullish attempt is expected to quickly surpass the so far monthly high at 1.0864 (June 14), to then refocus on the transitory 55-day SMA, today at 1.0876. North from here comes the weekly top at 1.0904 (May 16).
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0535.
Technical Levels: Supports and Resistances
EURUSD currently trading at 1.0826 at the time of writing. Pair opened at 1.0828 and is trading with a change of -0.02 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 1.0826 |
| 1 | Today Daily Change | 45.0000 |
| 2 | Today Daily Change % | -0.0200 |
| 3 | Today daily open | 1.0828 |
The pair is trading above its 20 Daily moving average @ 1.0749, below its 50 Daily moving average @ 1.0878 , above its 100 Daily moving average @ 1.0806 and above its 200 Daily moving average @ 1.0533
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 1.0749 |
| 1 | Daily SMA50 | 1.0878 |
| 2 | Daily SMA100 | 1.0806 |
| 3 | Daily SMA200 | 1.0533 |
The previous day high was 1.0864 while the previous day low was 1.0774. The daily 38.2% Fib levels comes at 1.083, expected to provide resistance. Similarly, the daily 61.8% fib level is at 1.0808, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 1.078, 1.0732, 1.069
- Pivot resistance is noted at 1.087, 1.0912, 1.0961
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 1.0864 |
| Previous Daily Low | 1.0774 |
| Previous Weekly High | 1.0787 |
| Previous Weekly Low | 1.0667 |
| Previous Monthly High | 1.1092 |
| Previous Monthly Low | 1.0635 |
| Daily Fibonacci 38.2% | 1.0830 |
| Daily Fibonacci 61.8% | 1.0808 |
| Daily Pivot Point S1 | 1.0780 |
| Daily Pivot Point S2 | 1.0732 |
| Daily Pivot Point S3 | 1.0690 |
| Daily Pivot Point R1 | 1.0870 |
| Daily Pivot Point R2 | 1.0912 |
| Daily Pivot Point R3 | 1.0961 |
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