News

EUR/USD Technical Analysis: Euro challenging last week highs as bulls eye the 1.1400 figure

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).

EUR/USD 4-hour chart

  • EUR/USD is trading between the 50 and 100 SMAs suggesting sideways action in the medium-term.

EUR/USD 30-minute chart

  • EUR/USD is trading above the main SMAs suggesting bullish momentum in the short-term.
  • The break above 1.1330 should lead to 1.1350 key resistance and 1.1400 figure in the coming sessions.
  • To the downside, support is seen at 1.1310 and 1.1280 level.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1334
    Today Daily change: 19 pips
    Today Daily change %: 0.17%
    Today Daily Open: 1.1315
Trends:
    Daily SMA20: 1.1368
    Daily SMA50: 1.1392
    Daily SMA100: 1.1402
    Daily SMA200: 1.1526
Levels:
    Previous Daily High: 1.1336
    Previous Daily Low: 1.1289
    Previous Weekly High: 1.1344
    Previous Weekly Low: 1.1234
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1318
    Daily Fibonacci 61.8%: 1.1307
    Daily Pivot Point S1: 1.1291
    Daily Pivot Point S2: 1.1267
    Daily Pivot Point S3: 1.1245
    Daily Pivot Point R1: 1.1337
    Daily Pivot Point R2: 1.1359
    Daily Pivot Point R3: 1.1383

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.