News

EUR/USD Technical Analysis: Euro is weakening as bears are en route towards the 1.1400 figure

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). 
  • EUR/USD bears are trading just below the 1.1500 figure and the 100 SMA.

EUR/USD 4-hour chart

  • EUR/USD is trading above the main SMAs.

EUR/USD 30-minute chart

  • EUR/USD is trading below its main SMAs as bears are trying to break below the 1.1450 level.
  • A break below the current support would open the doors to 1.1400 the figure.
  • Resistance is seen at the 1.1480 and 1.1500 level.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.146
    Today Daily change: -3.0 pips
    Today Daily change %: -0.0262%
    Today Daily Open: 1.1463
Trends:
    Previous Daily SMA20: 1.1423
    Previous Daily SMA50: 1.1384
    Previous Daily SMA100: 1.1476
    Previous Daily SMA200: 1.1627
Levels:
    Previous Daily High: 1.1541
    Previous Daily Low: 1.1458
    Previous Weekly High: 1.1571
    Previous Weekly Low: 1.1396
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1489
    Previous Daily Fibonacci 61.8%: 1.1509
    Previous Daily Pivot Point S1: 1.1434
    Previous Daily Pivot Point S2: 1.1404
    Previous Daily Pivot Point S3: 1.1351
    Previous Daily Pivot Point R1: 1.1516
    Previous Daily Pivot Point R2: 1.157
    Previous Daily Pivot Point R3: 1.1599

 

 

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.