News

EUR/USD Technical Analysis: Euro rises above 1.1400 figure - Can it last?

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 100 and 200-day simple moving average (SMA) while the market is testing the 50 SMA. 

EUR/USD 4-hour chart

  • EUR/USD moved above 1.1400 and tested the 1.1425 level. 

EUR/USD 30-minute chart

  • On small time frames, the momentum is bearish.
  • 1.1388 and the 1.1360 levels should be next targets to the downside. 

Additional key levels
 

EUR/USD

Overview:
    Today Last Price: 1.141
    Today Daily change: -1.0 pips
    Today Daily change %: -0.00876%
    Today Daily Open: 1.1411
Trends:
    Previous Daily SMA20: 1.1353
    Previous Daily SMA50: 1.1417
    Previous Daily SMA100: 1.1515
    Previous Daily SMA200: 1.1742
Levels:
    Previous Daily High: 1.1424
    Previous Daily Low: 1.136
    Previous Weekly High: 1.1424
    Previous Weekly Low: 1.1311
    Previous Monthly High: 1.15
    Previous Monthly Low: 1.1216
    Previous Daily Fibonacci 38.2%: 1.14
    Previous Daily Fibonacci 61.8%: 1.1385
    Previous Daily Pivot Point S1: 1.1373
    Previous Daily Pivot Point S2: 1.1335
    Previous Daily Pivot Point S3: 1.131
    Previous Daily Pivot Point R1: 1.1437
    Previous Daily Pivot Point R2: 1.1462
    Previous Daily Pivot Point R3: 1.15

 

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.