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EUR/USD Technical Analysis: Euro consolidating Fed’s inspired bull breakout

EUR/USD daily chart

  • EUR/USD is in a bear trend below the 200-day simple moving averages (SMAs).
  • As discussed in previous articles, EUR/USD reached all its bullish targets up to the 1.1500 figure.

EUR/USD 4-hour chart

  • EUR/USD is trading above its main SMAs suggesting bullish momentum in the medium-term. 

EUR/USD 30-minute chart

  • EUR/USD is trading above its main SMAs suggesting bullish momentum.
  • The 1.1510 and 1.1530 levels are seen as potential targets to the upside.
  • On the way down, the 1.1475 and 1.1400 levels are support levels.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1487
    Today Daily change: 6 pips
    Today Daily change %: 0.05%
    Today Daily Open: 1.1481
Trends:
    Daily SMA20: 1.1422
    Daily SMA50: 1.1393
    Daily SMA100: 1.1446
    Daily SMA200: 1.1568
Levels:
    Previous Daily High: 1.1502
    Previous Daily Low: 1.1406
    Previous Weekly High: 1.1418
    Previous Weekly Low: 1.1289
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Daily Fibonacci 38.2%: 1.1466
    Daily Fibonacci 61.8%: 1.1443
    Daily Pivot Point S1: 1.1424
    Daily Pivot Point S2: 1.1367
    Daily Pivot Point S3: 1.1327
    Daily Pivot Point R1: 1.152
    Daily Pivot Point R2: 1.156
    Daily Pivot Point R3: 1.1617

 

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