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EUR/USD Technical Analysis: Euro is afloat above the 1.1380 support

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 100 and 200-day simple moving averages (SMAs) as bears are testing the 50 SMA near the 1.1380 level.

EUR/USD 4-hour chart

  • EUR/USD is trading below its main SMAs just below the 1.1400 figure.

EUR/USD 30-minute chart

  • EUR/USD is trading below its main SMAs as bears are trying to break below the 1.1380 support.
  • EUR/USD is set to revisit 1.1420 and a break of the resistance would lead to 1.1460 level in the coming sessions. 
  • A break of 1.1380 to the downside would likely open the doors to a move to 1.1350 level.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1385
    Today Daily change: -7 pips
    Today Daily change %: -0.0702%
    Today Daily Open: 1.1393
Trends:
    Daily SMA20: 1.1433
    Daily SMA50: 1.1384
    Daily SMA100: 1.1468
    Daily SMA200: 1.1614
Levels:
    Previous Daily High: 1.1425
    Previous Daily Low: 1.1378
    Previous Weekly High: 1.1571
    Previous Weekly Low: 1.1396
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Daily Fibonacci 38.2%: 1.1396
    Daily Fibonacci 61.8%: 1.1407
    Daily Pivot Point S1: 1.1372
    Daily Pivot Point S2: 1.1351
    Daily Pivot Point S3: 1.1324
    Daily Pivot Point R1: 1.1419
    Daily Pivot Point R2: 1.1446
    Daily Pivot Point R3: 1.1467

 

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