Back

EUR/GBP Technical Analysis: Euro corrective slide targets the 0.8970 level

EUR/GBP daily chart

  • EUR/GBP is trading in a bull trend above a flat 200-day simple moving average.
  • Bulls tested the August high. 

EUR/GBP 4-hour chart

  • Euro bulls bumped into a strong resistance at 0.9100 figure.

EUR/GBP 30-minute 

  • EUR/GBP is most likely in corrective mode after the spike up of the last 24 hours.
  • Traders can expect mild support at 0.9000 as the market is likely set to trade down to the 0.8970 level next.

Additional key level

EUR/GBP

Overview:
    Today Last Price: 0.9017
    Today Daily change: -24 pips
    Today Daily change %: -0.265%
    Today Daily Open: 0.9041
Trends:
    Previous Daily SMA20: 0.8881
    Previous Daily SMA50: 0.8833
    Previous Daily SMA100: 0.8888
    Previous Daily SMA200: 0.884
Levels:
    Previous Daily High: 0.9089
    Previous Daily Low: 0.8958
    Previous Weekly High: 0.897
    Previous Weekly Low: 0.8863
    Previous Monthly High: 0.8932
    Previous Monthly Low: 0.8656
    Previous Daily Fibonacci 38.2%: 0.9039
    Previous Daily Fibonacci 61.8%: 0.9008
    Previous Daily Pivot Point S1: 0.897
    Previous Daily Pivot Point S2: 0.8898
    Previous Daily Pivot Point S3: 0.8838
    Previous Daily Pivot Point R1: 0.9101
    Previous Daily Pivot Point R2: 0.9161
    Previous Daily Pivot Point R3: 0.9233

 

Gold's staying power depends on certainty that the Fed will not move towards restrictive policy next year

Gold has found a footing above the 38.2% Fibo of late, following an increasingly dovish sounding tone from Fed Chair Powell and other FOMC members. Th
مزید پڑھیں Previous

GBP/USD bears can target 78.6% retracement at 1.2109

GBP/USD has been pressured as Parliament mutinies over the Prime Minister May’s Brexit plan. The pair has fallen from 1.3298 mid-Sep highs down to a l
مزید پڑھیں Next