EUR/USD Technical Analysis: Small bounce to 1.1280 on weak US Industrial Production
EUR/USD daily chart
- EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
- The US Industrial Production in January (MoM) came below expectations at -0.6% vs. 0.1% forecast.
EUR/USD 4-hour chart
- EUR/USD is trading below its main SMAs suggesting bearish momentum in the medium-term.
EUR/USD 30-minute chart
- EUR/USD is trading below the main SMAs suggesting bearish momentum in the short-term.
- Support is seen at 1.1230 level.
- To the upside, bulls will most likely try to recapture 1.1300, 1.1330 and 1.1400 figure.
Additional key levels
EUR/USD
Overview:
Today Last Price: 1.1263
Today Daily change: -31 pips
Today Daily change %: -0.27%
Today Daily Open: 1.1294
Trends:
Daily SMA20: 1.1374
Daily SMA50: 1.1395
Daily SMA100: 1.1408
Daily SMA200: 1.1532
Levels:
Previous Daily High: 1.1311
Previous Daily Low: 1.1249
Previous Weekly High: 1.1462
Previous Weekly Low: 1.132
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1287
Daily Fibonacci 61.8%: 1.1273
Daily Pivot Point S1: 1.1258
Daily Pivot Point S2: 1.1223
Daily Pivot Point S3: 1.1197
Daily Pivot Point R1: 1.132
Daily Pivot Point R2: 1.1346
Daily Pivot Point R3: 1.1381