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16 Nov 2018
EUR/USD Technical Analysis: Mission Accomplished as Euro hits 1.1400 figure - There might be more fuel in the bulls tank to 1.1450 level
EUR/USD 4-hour chart
- EUR/USD is trading in a bear trend below the 200-period simple moving average.
- EUR/USD hit the 1.1400 target as the market reclaimed the 50 and 100-period simple moving average. Technical indicators remain strong.
- The next target for bulls is seen at 1.1450 while a break below 1.1300 on a daily closing basis would be seen as a bearish continuation.
Additional key levels at a glance:
EUR/USD
Overview:
Last Price: 1.1405
Daily change: 73 pips
Daily change: 0.644%
Daily Open: 1.1332
Trends:
Daily SMA20: 1.1379
Daily SMA50: 1.1515
Daily SMA100: 1.1566
Daily SMA200: 1.1819
Levels:
Daily High: 1.1363
Daily Low: 1.1271
Weekly High: 1.15
Weekly Low: 1.1316
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1328
Daily Fibonacci 61.8%: 1.1306
Daily Pivot Point S1: 1.1281
Daily Pivot Point S2: 1.123
Daily Pivot Point S3: 1.1189
Daily Pivot Point R1: 1.1373
Daily Pivot Point R2: 1.1414
Daily Pivot Point R3: 1.1466