EUR/USD Technical Analysis: Euro dwelling in the middle-of-nowhere post-NFP
EUR/USD daily chart
- EUR/USD is trading in a bear trend below the 200-day simple moving averages (SMAs).
- The US nonfarm payrolls exceeded expectations with 304K vs. 165K forecast.
- However, the price action on EUR/USD is mixed as investors are undecided where to go next.
EUR/USD 4-hour chart
- EUR/USD is trading above its main SMAs suggesting a bullish bias in the medium-term.
EUR/USD 30-minute chart
- EUR/USD is trading near the daily highs after the release of the NFP.
- EUR/USD is above its main SMAs suggesting a slight bullish bias. The level to beat for bulls is 1.1500 figure.
- To the downside, bears will be looking at the 1.1440, 1.1400 and 1.1350 level.
Additional key levels
EUR/USD
Overview:
Today Last Price: 1.1474
Today Daily change: +29 pips
Today Daily change %: 0.25%
Today Daily Open: 1.1445
Trends:
Daily SMA20: 1.1424
Daily SMA50: 1.1394
Daily SMA100: 1.1444
Daily SMA200: 1.1564
Levels:
Previous Daily High: 1.1516
Previous Daily Low: 1.1436
Previous Weekly High: 1.1418
Previous Weekly Low: 1.1289
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1466
Daily Fibonacci 61.8%: 1.1485
Daily Pivot Point S1: 1.1415
Daily Pivot Point S2: 1.1386
Daily Pivot Point S3: 1.1336
Daily Pivot Point R1: 1.1495
Daily Pivot Point R2: 1.1545
Daily Pivot Point R3: 1.1575