EUR/USD Price Analysis: Euro sidelined below the 1.0900 figure vs. US dollar

  • EUR/USD remains trapped in familiar ranges on the second day of the trading week.
  • The level to beat for bears is the 1.0800 figure. 

EUR/USD daily chart 

Euro/Dollar is trading below its main SMAs on the daily chart as the quote navigates familiar ranges on the second day of the trading week. 

EUR/USD four-hour chart

EUR/USD is trading below the 1.0900 figure and its main SMAs on the four-hour chart suggesting a bearish bias in the medium term. A daily close below the 1.0800 figure could attract further selling interest towards the 1.0740 level. Conversely, resistance can emerge near the 1.0900 figure and the 1.0932 level, according to the Technical Confluences Indicator.  
Resistance: 1.0900, 1.0932, 1.0970
Support: 1.0842, 1.0800, 1.0740

Additional key levels


Today last price 1.087
Today Daily Change 0.0009
Today Daily Change % 0.08
Today daily open 1.0861
Daily SMA20 1.0917
Daily SMA50 1.096
Daily SMA100 1.1028
Daily SMA200 1.1051
Previous Daily High 1.0897
Previous Daily Low 1.0841
Previous Weekly High 1.0991
Previous Weekly Low 1.0812
Previous Monthly High 1.1497
Previous Monthly Low 1.0636
Daily Fibonacci 38.2% 1.0862
Daily Fibonacci 61.8% 1.0875
Daily Pivot Point S1 1.0836
Daily Pivot Point S2 1.0811
Daily Pivot Point S3 1.0781
Daily Pivot Point R1 1.0892
Daily Pivot Point R2 1.0922
Daily Pivot Point R3 1.0947



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