EUR/USD Technical Analysis: Euro near 1.1350 post-ECB Minutes
|EUR/USD daily chart
- EUR/USD is evolving in a bear trend below the 200-day simple moving average (SMA).
- The ECB minutes of the January meeting confirmed the ECB's increasing concerns regarding the economic slowdown. The confidence indicators though might prevent the central bank from twitching at the March meeting.
EUR/USD 4-hour chart
- EUR/USD is currently testing the 100 SMA.
EUR/USD 30-minute chart
- EUR/USD is trading above its main SMAs suggesting bullish momentum.
- A break above 1.1360 should reach 1.1380 and 1.1400 figure to the upside.
- Looking down, support is at 1.1320 and 1.1280 key level.
Additional key levels:
EUR/USD
Overview:
Today Last Price: 1.1354
Today Daily change: 14 pips
Today Daily change %: 0.12%
Today Daily Open: 1.134
Trends:
Daily SMA20: 1.1366
Daily SMA50: 1.1392
Daily SMA100: 1.1399
Daily SMA200: 1.1521
Levels:
Previous Daily High: 1.1373
Previous Daily Low: 1.1325
Previous Weekly High: 1.1344
Previous Weekly Low: 1.1234
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1343
Daily Fibonacci 61.8%: 1.1354
Daily Pivot Point S1: 1.1319
Daily Pivot Point S2: 1.1298
Daily Pivot Point S3: 1.1272
Daily Pivot Point R1: 1.1367
Daily Pivot Point R2: 1.1393
Daily Pivot Point R3: 1.1414
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