News

EUR/USD Technical Analysis: Euro ending the week above 1.1300 handle

EUR/USD weekly chart

  • EUR/USD is testing the 200-week simple moving average near the 1.1337 level.
  • A break above 1.1337 would be significant.

 

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).


EUR/USD 4-hour chart

  • EUR/USD is trading between the 100 and the 200 SMAs suggesting a consolidation phase.
  • The key resistance to break for bulls is 1.1337/50 which can lead to 1.1400 figure.
  • However, before that, the bears might have an attempt at 1.1300 and 1.1260 support.

 

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1326
    Today Daily change: 22 pips
    Today Daily change %: 0.19%
    Today Daily Open: 1.1304
Trends:
    Daily SMA20: 1.1318
    Daily SMA50: 1.1367
    Daily SMA100: 1.137
    Daily SMA200: 1.149
Levels:
    Previous Daily High: 1.1342
    Previous Daily Low: 1.1294
    Previous Weekly High: 1.1388
    Previous Weekly Low: 1.1176
    Previous Monthly High: 1.1489
    Previous Monthly Low: 1.1234
    Daily Fibonacci 38.2%: 1.1313
    Daily Fibonacci 61.8%: 1.1324
    Daily Pivot Point S1: 1.1284
    Daily Pivot Point S2: 1.1265
    Daily Pivot Point S3: 1.1236
    Daily Pivot Point R1: 1.1333
    Daily Pivot Point R2: 1.1362
    Daily Pivot Point R3: 1.1381

 

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.