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Forex: EUR/USD: Euro continues appreciating, and approaches 1.5000

EUR/USD recovery from 1.4825 low on Friday, has extended during Asian session, with the Euro rallying from 1.4920 to levels around 1.4975 at the moment of writing; 0.35% above the day opening price.

At the moment, the Euro could find resistance at 1.4980, and above here at 1.5000/15 (Nov 12 high) and 15050 (Nov 11 high). On the downside, support levels lie at 1.4935 (Intra-day low/ Nov 13 high), and below here, 1.4890/00 and 1.4870.

EUR/GBP decline from Nov 12 high at 0.9065 found support on Friday at 0.8905 but the following recovery attempt has been unable to get through 0.8960, and the pair has dropped back to 0.8945 at the moment of writing. Resistance levels are 0.8960 and 0.9015. Support levels are 0.8895/05 and 0.8840.

EUR/USD (Nov 16 at 07:48 GMT)

1.4992/93 (0.50%)

H 1.4993 L 1.4914

S3S2S1R1R2R3
1.49101.49481.49851.49981.50351.5073
[?]Trend Index[?]OB/OS Index
Slightly BullishNeutral
Data updated on Nov 16 at 07:45 (15-minute timeframe)

[ View EUR/USD Technical Studies ]

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