EUR/USD Technical Analysis: 1.1400 figure might be out of reach

Flavio Tosti Independent Analyst

EUR/USD daily chart

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

EUR/USD 4-hour chart

EUR/USD is currently testing the SMAs cluster near the 1.1365 level.

EUR/USD 30-minute chart

EUR/USD regained the downward sloping 50 and 100 SMA but bulls had difficulties in breaking above the 200 SMA and 1.1380 resistance.
If the market stays below 1.1380 and 1.1400 then 1.1330 and 1.1300 figure can become the next bear targets.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1363
    Today Daily change: 35 pips
    Today Daily change %: 0.309%
    Today Daily Open: 1.1328
Trends:
    Previous Daily SMA20: 1.1361
    Previous Daily SMA50: 1.1409
    Previous Daily SMA100: 1.1508
    Previous Daily SMA200: 1.1733
Levels:
    Previous Daily High: 1.14
    Previous Daily Low: 1.1306
    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%: 1.1342
    Previous Daily Fibonacci 61.8%: 1.1365
    Previous Daily Pivot Point S1: 1.1289
    Previous Daily Pivot Point S2: 1.1251
    Previous Daily Pivot Point S3: 1.1195
    Previous Daily Pivot Point R1: 1.1383
    Previous Daily Pivot Point R2: 1.1439
    Previous Daily Pivot Point R3: 1.1477

Author

Flavio Tosti

Independent Analyst

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