EUR/USD Technical Analysis: Recent tops and the 55-day SMA keeps limiting extra gains
5/14/2019 7:52:06 AM
header-image

EUR/USD daily chart EUR/USD Overview Today last price 1.1233 Today Daily Change 23 Today Daily Change % 0.10 Today daily open 1.1222 Trends Daily SMA2

  • EUR/USD remains bid above the 1.1200 handle although gains are still capped by the 1.1260/70 region, where converge the 55-day SMA and recent tops.
  • Further consolidation is likely in the near term, although the inability to clear this initial hurdle could motivate sellers to step in once again and put the pair under downside pressure.
  • In the broader picture, the negative outlook on spot stays unchanged while below the key multi-month resistance line at 1.1299. Against this backdrop, the door for another visit to 2019 lows in the 1.1100 neighbourhood remains well open.
  • EUR/USD remains bid above the 1.1200 handle although gains are still capped by the 1.1260/70 region, where converge the 55-day SMA and recent tops.
  • EUR/USD remains bid above the 1.1200 handle although gains are still capped by the 1.1260/70 region, where converge the 55-day SMA and recent tops.
  • Further consolidation is likely in the near term, although the inability to clear this initial hurdle could motivate sellers to step in once again and put the pair under downside pressure.
  • Further consolidation is likely in the near term, although the inability to clear this initial hurdle could motivate sellers to step in once again and put the pair under downside pressure.
  • In the broader picture, the negative outlook on spot stays unchanged while below the key multi-month resistance line at 1.1299. Against this backdrop, the door for another visit to 2019 lows in the 1.1100 neighbourhood remains well open.
  • In the broader picture, the negative outlook on spot stays unchanged while below the key multi-month resistance line at 1.1299. Against this backdrop, the door for another visit to 2019 lows in the 1.1100 neighbourhood remains well open.

    EUR/USD daily chart

    EUR/USDchart

    EUR/USD

    Overview
    Today last price 1.1233
    Today Daily Change 23
    Today Daily Change % 0.10
    Today daily open 1.1222
     
    Trends
    Daily SMA20 1.121
    Daily SMA50 1.125
    Daily SMA100 1.132
    Daily SMA200 1.1402
    Levels
    Previous Daily High 1.1264
    Previous Daily Low 1.1222
    Previous Weekly High 1.1254
    Previous Weekly Low 1.1166
    Previous Monthly High 1.1326
    Previous Monthly Low 1.1111
    Daily Fibonacci 38.2% 1.1238
    Daily Fibonacci 61.8% 1.1248
    Daily Pivot Point S1 1.1208
    Daily Pivot Point S2 1.1193
    Daily Pivot Point S3 1.1164
    Daily Pivot Point R1 1.125
    Daily Pivot Point R2 1.1279
    Daily Pivot Point R3 1.1293

     

    EUR/USD

    Overview
    Today last price 1.1233
    Today Daily Change 23
    Today Daily Change % 0.10
    Today daily open 1.1222
     
    Trends
    Daily SMA20 1.121
    Daily SMA50 1.125
    Daily SMA100 1.132
    Daily SMA200 1.1402
    Levels
    Previous Daily High 1.1264
    Previous Daily Low 1.1222
    Previous Weekly High 1.1254
    Previous Weekly Low 1.1166
    Previous Monthly High 1.1326
    Previous Monthly Low 1.1111
    Daily Fibonacci 38.2% 1.1238
    Daily Fibonacci 61.8% 1.1248
    Daily Pivot Point S1 1.1208
    Daily Pivot Point S2 1.1193
    Daily Pivot Point S3 1.1164
    Daily Pivot Point R1 1.125
    Daily Pivot Point R2 1.1279
    Daily Pivot Point R3 1.1293

    EUR/USD

    Overview
    Today last price 1.1233
    Today Daily Change 23
    Today Daily Change % 0.10
    Today daily open 1.1222
     
    Trends
    Daily SMA20 1.121
    Daily SMA50 1.125
    Daily SMA100 1.132
    Daily SMA200 1.1402
    Levels
    Previous Daily High 1.1264
    Previous Daily Low 1.1222
    Previous Weekly High 1.1254
    Previous Weekly Low 1.1166
    Previous Monthly High 1.1326
    Previous Monthly Low 1.1111
    Daily Fibonacci 38.2% 1.1238
    Daily Fibonacci 61.8% 1.1248
    Daily Pivot Point S1 1.1208
    Daily Pivot Point S2 1.1193
    Daily Pivot Point S3 1.1164
    Daily Pivot Point R1 1.125
    Daily Pivot Point R2 1.1279
    Daily Pivot Point R3 1.1293

    EUR/USD

    Overview
    Today last price 1.1233
    Today Daily Change 23
    Today Daily Change % 0.10
    Today daily open 1.1222
     
    Trends
    Daily SMA20 1.121
    Daily SMA50 1.125
    Daily SMA100 1.132
    Daily SMA200 1.1402
    Overview
    Today last price 1.1233
    Today Daily Change 23
    Today Daily Change % 0.10
    Today daily open 1.1222
    Overview Overview Overview Today last price 1.1233 Today Daily Change 23 Today Daily Change % 0.10 Today daily open 1.1222 Today last price 1.1233 Today last price1.12331.1233 Today Daily Change 23 Today Daily Change2323 Today Daily Change % 0.10 Today Daily Change %0.100.10 Today daily open 1.1222 Today daily open1.12221.1222
     
    Trends
    Daily SMA20 1.121
    Daily SMA50 1.125
    Daily SMA100 1.132
    Daily SMA200 1.1402
    Trends Trends Trends Daily SMA20 1.121 Daily SMA50 1.125 Daily SMA100 1.132 Daily SMA200 1.1402 Daily SMA20 1.121 Daily SMA201.1211.121 Daily SMA50 1.125 Daily SMA501.1251.125 Daily SMA100 1.132 Daily SMA1001.1321.132 Daily SMA200 1.1402 Daily SMA2001.14021.1402
    Levels
    Previous Daily High 1.1264
    Previous Daily Low 1.1222
    Previous Weekly High 1.1254
    Previous Weekly Low 1.1166
    Previous Monthly High 1.1326
    Previous Monthly Low 1.1111
    Daily Fibonacci 38.2% 1.1238
    Daily Fibonacci 61.8% 1.1248
    Daily Pivot Point S1 1.1208
    Daily Pivot Point S2 1.1193
    Daily Pivot Point S3 1.1164
    Daily Pivot Point R1 1.125
    Daily Pivot Point R2 1.1279
    Daily Pivot Point R3 1.1293
    Levels
    Previous Daily High 1.1264
    Previous Daily Low 1.1222
    Previous Weekly High 1.1254
    Previous Weekly Low 1.1166
    Previous Monthly High 1.1326
    Previous Monthly Low 1.1111
    Daily Fibonacci 38.2% 1.1238
    Daily Fibonacci 61.8% 1.1248
    Daily Pivot Point S1 1.1208
    Daily Pivot Point S2 1.1193
    Daily Pivot Point S3 1.1164
    Daily Pivot Point R1 1.125
    Daily Pivot Point R2 1.1279
    Daily Pivot Point R3 1.1293
    Levels Levels Levels Previous Daily High 1.1264 Previous Daily Low 1.1222 Previous Weekly High 1.1254 Previous Weekly Low 1.1166 Previous Monthly High 1.1326 Previous Monthly Low 1.1111 Daily Fibonacci 38.2% 1.1238 Daily Fibonacci 61.8% 1.1248 Daily Pivot Point S1 1.1208 Daily Pivot Point S2 1.1193 Daily Pivot Point S3 1.1164 Daily Pivot Point R1 1.125 Daily Pivot Point R2 1.1279 Daily Pivot Point R3 1.1293 Previous Daily High 1.1264 Previous Daily High1.12641.1264 Previous Daily Low 1.1222 Previous Daily Low1.12221.1222 Previous Weekly High 1.1254 Previous Weekly High1.12541.1254 Previous Weekly Low 1.1166 Previous Weekly Low1.11661.1166 Previous Monthly High 1.1326 Previous Monthly High1.13261.1326 Previous Monthly Low 1.1111 Previous Monthly Low1.11111.1111 Daily Fibonacci 38.2% 1.1238 Daily Fibonacci 38.2%1.12381.1238 Daily Fibonacci 61.8% 1.1248 Daily Fibonacci 61.8%1.12481.1248 Daily Pivot Point S1 1.1208 Daily Pivot Point S11.12081.1208 Daily Pivot Point S2 1.1193 Daily Pivot Point S21.11931.1193 Daily Pivot Point S3 1.1164 Daily Pivot Point S31.11641.1164 Daily Pivot Point R1 1.125 Daily Pivot Point R11.1251.125 Daily Pivot Point R2 1.1279 Daily Pivot Point R21.12791.1279 Daily Pivot Point R3 1.1293 Daily Pivot Point R31.12931.1293