rfxsignals May 27, 2019 No Comments
  • EUR/USD is struggling for direction on Monday following the recovery seen during the second half of last week, although the up move met sellers just beyond 1.1200 the figure earlier today.
  • On the upside, spot needs to clear the 55-day SMA at 1.1235 to alleviate downside pressure. This area is considered the last defence of a test of monthly peaks near 1.1270.
  • The broader scenario, however, remains bearish while below the multi-month resistance line at 1.1273.

EUR/USD daily chart


Today last price1.1198
Today Daily Change24
Today Daily Change %-0.09
Today daily open1.1208
Daily SMA201.1192
Daily SMA501.1232
Daily SMA1001.1299
Daily SMA2001.1389
Previous Daily High1.1214
Previous Daily Low1.1174
Previous Weekly High1.1214
Previous Weekly Low1.1107
Previous Monthly High1.1326
Previous Monthly Low1.1111
Daily Fibonacci 38.2%1.1198
Daily Fibonacci 61.8%1.1189
Daily Pivot Point S11.1183
Daily Pivot Point S21.1159
Daily Pivot Point S31.1143
Daily Pivot Point R11.1223
Daily Pivot Point R21.1238
Daily Pivot Point R31.1262