EUR/USD Technical Analysis: 1.1350 target hit as Euro weakens against the US Dollar in the New York session


EUR/USD daily chart

EUR/USD 4-hour chart

  • EUR/USD is now trading just above the 50 SMA as technical indicators are decelerating.

EUR/USD 30-minute chart

  • EUR/USD broke below the 200 SMA. 
  • The path of least resistance is to the downside and the market might be set for continued weakness towards 1.1320 and 1.1300 figure in the coming sessions.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1355
    Today Daily change: 10 pips
    Today Daily change %: 0.0881%
    Today Daily Open: 1.1345
Trends:
    Previous Daily SMA20: 1.1357
    Previous Daily SMA50: 1.1443
    Previous Daily SMA100: 1.1527
    Previous Daily SMA200: 1.176
Levels:
    Previous Daily High: 1.1382
    Previous Daily Low: 1.132
    Previous Weekly High: 1.1402
    Previous Weekly Low: 1.1267
    Previous Monthly High: 1.15
    Previous Monthly Low: 1.1216
    Previous Daily Fibonacci 38.2%: 1.1343
    Previous Daily Fibonacci 61.8%: 1.1358
    Previous Daily Pivot Point S1: 1.1316
    Previous Daily Pivot Point S2: 1.1287
    Previous Daily Pivot Point S3: 1.1254
    Previous Daily Pivot Point R1: 1.1378
    Previous Daily Pivot Point R2: 1.1411
    Previous Daily Pivot Point R3: 1.144

 

Share: Feed news

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended content

Editors’ Picks

GBP/USD recovers toward 1.2450 after UK Retail Sales data

GBP/USD recovers toward 1.2450 after UK Retail Sales data

GBP/USD is rebounding toward 1.2450 Friday, having tested 1.2400 after the UK Retail Sales volumes stagnated again in March, The pair recovers in tandem with risk sentiment, as traders take account of the likely Israel's missile strikes on Iran. 

GBP/USD News

EUR/USD holds steady near 1.0650 amid risk reset

EUR/USD holds steady near 1.0650 amid risk reset

EUR/USD is holding onto its recovery mode near 1.0650 in European trading on Friday. A recovery in risk sentiment is helping the pair, as the safe-haven US Dollar pares gains. Earlier today, reports of an Israeli strike inside Iran spooked markets. 

EUR/USD News

Gold: Middle East war fears spark fresh XAU/USD rally, will it sustain?

Gold: Middle East war fears spark fresh XAU/USD rally, will it sustain?

Gold price is trading close to $2,400 early Friday, reversing from a fresh five-day high reached at $2,418 earlier in the Asian session. Despite the pullback, Gold price remains on track to book the fifth weekly gain in a row.

Gold News

Bitcoin Price Outlook: All eyes on BTC as CNN calls halving the ‘World Cup for Bitcoin’

Bitcoin Price Outlook: All eyes on BTC as CNN calls halving the ‘World Cup for Bitcoin’

Bitcoin price remains the focus of traders and investors ahead of the halving, which is an important event expected to kick off the next bull market. Amid conflicting forecasts from analysts, an international media site has lauded the halving and what it means for the industry.   

Read more

Israel vs. Iran: Fear of escalation grips risk markets

Israel vs. Iran: Fear of escalation grips risk markets

Recent reports of an Israeli aerial bombardment targeting a key nuclear facility in central Isfahan have sparked a significant shift out of risk assets and into safe-haven investments. 

Read more

Forex MAJORS

Cryptocurrencies

Signatures