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EUR/USD Technical Analysis: Euro testing the 1.1300 figure ahead of US CPI

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • The US Consumer Price Index (CPI) for the month of January will be released at 13.30 GMT

EUR/USD 4-hour chart

  • EUR/USD is trading below its main SMAs suggesting bearish momentum in the medium-term.

EUR/USD 30-minute chart

  • EUR/USD is testing the 1.1300 figure and the 100 SMA.
  • A break of 1.1300 could lead to a move down to 1.1270 in the short-term.
  • To the upside, resistance is seen at 1.1330 and 1.1355 and 1.1400 figure.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1305
    Today Daily change: -27 pips
    Today Daily change %: -0.24%
    Today Daily Open: 1.1332
Trends:
    Daily SMA20: 1.1386
    Daily SMA50: 1.1398
    Daily SMA100: 1.1416
    Daily SMA200: 1.1538
Levels:
    Previous Daily High: 1.1342
    Previous Daily Low: 1.1258
    Previous Weekly High: 1.1462
    Previous Weekly Low: 1.132
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1309
    Daily Fibonacci 61.8%: 1.129
    Daily Pivot Point S1: 1.1279
    Daily Pivot Point S2: 1.1226
    Daily Pivot Point S3: 1.1195
    Daily Pivot Point R1: 1.1363
    Daily Pivot Point R2: 1.1394
    Daily Pivot Point R3: 1.1447

 

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