EUR/USD Price Analysis: Euro ends the week in the red, trades near 1.0800 figure


  • EUR/USD hits fresh April lows this Friday and hits 1.0727 level. 
  • EUR/USD gets a small bounce to 1.0800 figure at the end of the week. 
  

EUR/USD weekly chart 

 

Euro/Dollar is trading below the main weekly SMAs as the quote established fresh April lows at the 1.0727 level.
 
 
 

EUR/USD four-hour chart

 
EUR/USD is having a small reaction up while the spot remains below the main SMAs suggesting that the bear bias remains in place. Sellers should be trying to break below the 1.0800 figure to revisit the 1.0750 level en route towards the 1.0717 level. On the flip side, resistance can emerge near 1.0850 and 1.0900/25, according to the Technical Confluences Indicator. 
 
 
Resistance: 1.0850, 1.0900, 1.0925
Support: 1.0800, 1.0750, 1.0717
 
 

Additional key levels

EUR/USD

Overview
Today last price 1.0815
Today Daily Change 0.0038
Today Daily Change % 0.35
Today daily open 1.0777
 
Trends
Daily SMA20 1.0904
Daily SMA50 1.0957
Daily SMA100 1.102
Daily SMA200 1.1045
 
Levels
Previous Daily High 1.0847
Previous Daily Low 1.0756
Previous Weekly High 1.0991
Previous Weekly Low 1.0812
Previous Monthly High 1.1497
Previous Monthly Low 1.0636
Daily Fibonacci 38.2% 1.0791
Daily Fibonacci 61.8% 1.0812
Daily Pivot Point S1 1.074
Daily Pivot Point S2 1.0703
Daily Pivot Point S3 1.0649
Daily Pivot Point R1 1.083
Daily Pivot Point R2 1.0884
Daily Pivot Point R3 1.0921

 

 

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