Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
EUR/USD – Lots of Technical Consideration near 1.1175

EUR/USD – Lots of Technical Consideration near 1.1175

Jamie Saettele, CMT, Sr. Technical Strategist


Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

Traits of Successful Traders

-EUR/USD has pressed into former support from the September lows in the low 1.1120s. The current horizontal level has been a pivot on numerous occasions since January 2015. Still, technical consideration extends into a trendline confluence and the 200 day average near 1.1175. Current conditions are certainly headline driven but there may be something bigger at work here as the impulsive nature of the advance from the late October low warns of a more important behavioral shift.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.