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EURGBP Technical Analysis: Euro sticks to the 0.9000 figure

ChuChu Rocket, Fri Jan 04, 2019 10:48 pm

EUR/GBP Technical Analysis: Euro sticks to the 0.9000 figure

EUR/GBP Daily Chart
EUR/GBP is trading in a sideways trend above the 200-period simple moving average (SMA).
The market has been predominantly choppy since December 2018.
EUR/GBP 4-hour chart
EUR/GBP is trading above the 200 SMA suggesting that the current momentum is bullish.
EUR/GBP 30-minute chart
EUR/GBP is trading near the 0.9000 figure. Bulls will try to lift the market to 0.9033 and then 0.9060 if they gather enough steam.
On the flip side, support is seen at the 0.8970 level.
Additional key levels

Overview:
Today Last Price: 0.9004
Today Daily change: -17 pips
Today Daily change %: -0.188%
Today Daily Open: 0.9021

Trends:
Previous Daily SMA20: 0.9002
Previous Daily SMA50: 0.8903
Previous Daily SMA100: 0.8902
Previous Daily SMA200: 0.8855

Levels:
Previous Daily High: 0.9119
Previous Daily Low: 0.8984
Previous Weekly High: 0.9065
Previous Weekly Low: 0.8902
Previous Monthly High: 0.9089
Previous Monthly Low: 0.8863
Previous Daily Fibonacci 38.2%: 0.9068
Previous Daily Fibonacci 61.8%: 0.9036
Previous Daily Pivot Point S1: 0.8964
Previous Daily Pivot Point S2: 0.8906
Previous Daily Pivot Point S3: 0.8828
Previous Daily Pivot Point R1: 0.9099
Previous Daily Pivot Point R2: 0.9177
Previous Daily Pivot Point R3: 0.9235

Source: https://www.fxstreet.com/news/eur-gbp-t ... 1901041125
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